LOCAL STOCKS
The local bourse was quiet yesterday with light volumes changing hands for BSP and CCP at K0.66 and K1.53 respectively, while others finished unchanged. KSi ended in positive territory yesterday up 12.59 points to 7,153.24.
The markets may open lower today, riding on weaker leads from overseas markets. Pre-open phase has bids for BSP lining up at K0.65, as OSH bidders are as high as K13.00. In currency news Kina is buying 0.4521 while selling at 0.4050 aussie.
PNG NEWS
BPNG: Bank of PNG released the KFR (Kina facility rate) for the month of July at 7.00percent.
MOVERS
Monday’s movers on the bourse 05/07/10;
CCP: 0.65%
MGO: 69.23%
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- BSP Capital is the leading stock broker and fund manager in Papua New Guinea. This site is designed to offer open discussion and market information. Nothing on this site should be thought of as investment advice. There are risks to investing and not all risks are explained here. Always speak with an adviser before investing. www.bsp-capital.com
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