Traders Corner

Stock Market News and Updates

  • POMSoX Update

    WEDNESDAY 20th JANUARY 2016

    LOCAL NEWS

    The local market was quiet yesterday with KSL losing territory. KSL finished at K2.45 losing 3.92% while it closed at A$0.925 cents on the ASX.

    Find below are closing prices for POMSOX's dual listed stocks;

    Stock

    CLOSE

    PGK EQUIVALENT

    COY

    A$0.01

    K0.021

    CUE

    A$0.05

    K0.10

    HIG

    A$0.06

    K0.12

    IDC

    A$0.01

    K0.021

    IOC*

    US$24.07

    K74.13

    KPL

    A$0.13

    K0.27

    KSL

    A$0.89

    K1.91

    NCM

    A$13.24

    K28.43

    NGE

    A$0.02

    K0.042

    OSH

    A$5.76

    K12.37

    We are expecting the markets to open slightly better this morning riding on some comfort provided by the Chinese economic growth numbers. BSP has bids as high as K7.40 while sellers are lined up at K7.50. Credit Corp has seen a general decline in its offer price. CCP offers are now available at K2.05.

    No equities news were released yesterday.

    BPNG offered K751.0m under Central Bank Bills last week in its 28 days term only. K340m was offered in T-bills for 63, 91 , 182 & 364 days terms. Its rates showed a slight increase in the 63 & 364 days term. The 91 days and 182 days kept a similar tenor to that of last weeks.

     

     

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