Investment Assets

Asset Class Definition Primary Objective Seconday Objective
 Cash usually term deposits that mature in less than 90 days Liquidity Tactical Opportunities
 Fixed Interest
includes Government Securities, Corporate Bonds, Interest Bearing Deposits greater than 90 days. These can be held with the Bank of Papua New Guinea, Commercial Banks and other financial institutions Income Capital Stability
 Domestic Equities
shares listed on the Port Moresby Stock Exchange (POMSoX) Capital growth Income
 Dual listed (International Equities)
shares listed on POMSoX and other global stock exchanges (e.g. ASX, LSE) Capital growth Income
 Unlisted Equities
shares in companies that are not listed (otherwise known as private equity) Capital growth Income
 Property otherwise known as Real Estate Income Capital growth (Inflation Protection)

Stock Market News and Updates

  • Monday 22nd May 2017

    U.S. U.S. stocks rose Friday for two sessions in row as a rally in industrials and energy sectors supported a broad market gain. However, the S&P 500 and the Dow Jones Industrial Average fell for a second straight week in a row amid ongoing political uncertainty in the wake of President Donald Trump's controversial firing of Federal Bureau of Investigation Director James Comey.

    The S&P 500 SPX, +0.68% gained 15 points, or 0.7%, to close at 2,381 while the Dow Jones Industrial Average DJIA, +0.69% added 141 points, or 0.7%, to end at 20,804. Both indexes fell 0.4% for the week. The Nasdaq Composite Index COMP, +0.47% climbed 28 points, or 0.5%, to close at 6,083, logging a weekly drop of 0.6%.

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