Wednesday, August 11, 2010

POMSoX UPDATE

LOCAL STOCKS

Tuesday, saw the bourse close calm with KSi finishing marginally higher at 6697 points, after BSP and CCP finished unchanged at K0.65 and K1.47 respectively.

The market this morning has bids for BSP at a high K0.64, while sellers are lined up at a low K0.65. LGL buyers are queued up at K9.00, while PGK is buying 0.4159 and selling at0.3725 aussie.

PNG NEWS

CUE: Cue Energy Resources Limited is pleased to announce the completion of the sale of its interest in PRL8 in Papua New Guinea for US$5.14M in cash.

MOVERS
Tuesday’s movers on the bourse 10/08/10;
NBO: 1.65%
OSH: -0.22%