Thursday, June 24, 2010

POMSoX UPDATE

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%