PNG: Stock Exchange untouched by international troubles

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Updated August 21, 2007

The Port Moresby Stock Exchange has escaped the roller-coaster ride that has thrown the world's big exchanges into chaos over the past week. The big falls in stock prices internationally, were precipitated by concerns about bad loans in United States sub-prime mortgage market. The Australian Stock Exchange saw an overall fall of 15 percent followed, yesterday, by the biggest one day rise in almost ten years.

Presenter: Jemima Garrett
Speakers: Brendon Bure, Research Team Leader for Kina Securities

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