Thursday, January 8, 2009

POMSoX update - 7th Jan 2009

For those readers out there that are interested in the Port Moresby Stock Exchange here is a update that BSP Capital gives daily:

LOCAL STOCKS

On Wednesday, saw the bourse finished quite active with reasonable volumes being traded for BSP and OSH. LGL lost 19 percent to end at K4.01 with offers closing at K5.00. Most of the global markets finished weaker last night, however, IOL and NBO concluded the day stronger at US$15.18 and GBX213.50 respectively.

The local market this morning has sellers offering to sell CGA shares at K1.00 while bids for OSH are as high as K8.00 and in the ASX OSH opened the day at A$4.59

MOVERS:

Wednesday’s movers on the local bourse 07/01/09:

BSP: 2.06%

CPL: 0.40%

LGL: -19.80%

NBO: 0.10%

OSH: -13.97%

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