Friday, August 20, 2010

POMSoX UPDATE

LOCAL STOCKS

The local bourse was quiet yesterday, with BSP finishing steady over light volumes, while NBO slid -0.05 percent to K19.00. IOC on the NYSE ended at $63.81 adding 13 cents over night.

Pre-open phase of the market has bids for LGL as high as K9.05, as OSH bids are set to open at K13.00. Kina against aussie this morning is buying 0.4233 and selling 0.3792.

PNG NEWS

MSTG: Metal Storm Limited reported the results of the resolutions passed at the extraordinary general meeting of share holders.

MOVERS
Thursday’s movers on the local bourse 19/08/10;
NBO: -0.05%