LOCAL STOCKS
Wednesday witnessed KSi add 24 points to close at 6528 points. Reasonable volumes changed hands for BSP and KAM at K0.66 and K1.08 respectively; LGL advanced 1.21 percent to K8.35 as NBO closed unchanged. Resources were all lower with gold ending at $1238 per ounce.
The pre-open phase of the market has bids for BSP at K0.64 and offers for CCP are at a low K1.53. Kina is buying 0.4271 and selling aussie at 0.3826.
PNG NEWS
MSTG: Metal Storms Limited announced that the Company will issue 25,510,203 shares to the investors at a purchase price of 0.98 cents per share.
MOVERS
Yesterday’s movers on the bourse 23/06/10:
HIG: -10.95%
KAM: -4.42%
LGL: 1.21%