People moves: Credit Corporation, Kina Securities, Holding Redlich

Welcome,

Two directors resign from Credit Corporation, Kina Securities appoints an Executive General Manager, Wealth, and Oceanie Lawyers merges with Holding Redlic

People moves: K92 Mining, Kina Securities, ANZ Bank

Welcome,

A new board at K92 Mining, Director re-elected at Kina Securities, new CFO at ANZ , Melbourne

PNG stock prices fall, but domestics add confidence

Welcome,

2013 was a mixed year for PNG stocks. The Kina Securities Index fell by 14.9% over the year, but was largely influenced by the massive fall in value of the dual-listed Newcrest Mining, the largest company on the Port Moresby Stock Exchange (POMSoX). The Kina Securities Home Index, which excludes overseas stocks, fell only 2%.

Papua New Guinea’s capital markets

Welcome,

After strong performances in 2009 and 2010, the Port Moresby Stock Exchange (POMSoX) experienced a tough 2011, as did many bourses around the world. The Kina Securities Index, which measures the health of PNG’s stock exchange, reported a 22.21% fall in 2011, but this fall should be seen in context. The region’s major exchanges—the Nikkei […]