LOCAL STOCKS
The market closed on a light note yesterday, with small volumes changing hands for BSP and CCP at K0.66 and K1.46 respectively. KSi was slightly down 0.03 percent to end at 6694 points. Offshore markets were all weaker on the back of disappointing growth data from US, China and Japan.
The market should open lower after negative leads from overseas, the bourse this morning has buying for BSP shares at K0.65, while sellers for NBO are at a low K19.00.Kina this morning is buying 0.4216 and selling 0.3777 aussie.
PNG NEWS
MGO: Marengo Mining Limited reported the completion of its capital raising on TSX raising CA$21 million for the funding of its DFS and regional copper exploration.
MOVERS
Thursday's movers on the bourse 12/08/10;
NBO: -0.05%
OSH: -0.15%
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