POMSoX UPDATE

LOCAL STOCKS

The local bourse closed relatively active with trades registering for BSP and CPL at K0.65 and K2.95 respectively, as OSH slid 0.07 percent to end the week at K13.26 reaching a high of K13.27. Off shore markets saw most indices closed in the red riding on comments by the FED that the pace of recovery is likely to be modest in the near term than had been anticipated.

The local share market may open slightly lower after mixed leads from overseas, with offers for CCP at a low K1.45 and bidders for OSH lined up at K12.00. Kina today is buying 0.4229 and selling 0.3788 aussie.

MOVERS
Friday’s movers on the bourse 13/08/10;
CCP: -0.68%
CPL: 0.34%
NBO: 0.05%
OSH: -0.07%