Tuesday, May 18, 2010

POMSoX UPDATE

LOCAL STOCKS

The local market saw another calm day with LGL closing higher at K8.06, while offers remained at a low K10.30; as others closed unchanged. KSi was up 12 percent to finish the day at 6484 points. In overseas, NBPO on the London stock exchange ended weaker by 2 percent to GBP5.22 per share.

The market should open flat after the weaker offshore leads. The pre-open phase of the market has offers for BSP at K0.67. Today, Kina is buying 0.4218 and selling 0.3769 aussie.

MOVERS
Monday’s movers on the bourse 17/05/10;
LGL: 0.62%