KSi Daily Report: Monday, 28 December 2015

Trading on POMSOX was quiet amid thin trading after the festive holiday weekend as both Kina Securities stock indices remained unchanged. The main index or KSi was steady at 3,491.55 while the Kina Securities Home Index or KSHi was maintained at 9,592 points.

Two stocks traded flat for today’s session.

Bank South Pacific Ltd (BSP) and City Pharmacy Ltd (CPL) were both unmoved at K7.50 and K1.33 flat respectively. Kina Securities Ltd however was not traded today and still maintains at K2.60, on ASX at $1.16.

Total trades registered a combined volume of 203,521 units at a share value of K278,926.05.

U.S stocks was down in overnight trading with the Dow Jones Industrial Average ending 50.44 points or 0.29% lower to 17,552.17 points. Japanese stocks edged up in subdued trading as a rebound in global crude oil prices helped offset the country’s disappointing November production and retail figures. The Nikkei share average gained 94.62 points or 0.50% to 18,863.68 points. Australian share market was closed for trading today to commemorate proclamation day.

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