Wednesday, June 30, 2010

POMSoX UPDATE

LOCAL STOCKS

KSi finished steady losing 2 points and maintaining its level at 7134 points; BSP was the only mover yesterday declining 2.38 percent to close at K0.66, as KAM and OSH ended the day unchanged at K1.08 and K13.45 respectively.

The market is set to open lower again on negative leads from overseas markets riding on a weaker consumer confidence data and worries about a global slowdown; bids are available for LGL as high as K8.60 while BSP sellers are lined up at k0.66. Kina this morning, is buying 0.4559 and selling 0.3994 aussie.

PNG NEWS

Nil Economic releases.

MOVERS
Yesterday’s movers on the bourse 29/06/10;
BSP: -2.98%