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KSi Daily Report: Thursday, 02 February 2017

For a second consecutive trading session, both stock indices closed on the green during Wednesday’s session. The Kina Securities main index KSi edged 1.47 points or 0.03% to end at 4,818.28 points and similarly the Kina Securities Home Index KSHi gained 46.64 points or 0.44% to end higher at 10,724.34 points.

Credit Corporation Ltd (CCP) gained 7toea to close higher at K1.95 at the close.

Bank South Pacific Ltd (BSP) ended unchanged at K9.05.

Today’s session registered a total of 65,275 shares worth K132,256.25.

U.S stocks closed up after the Fed’s offered a positive view the economy regarding the interest rates
In Asian markets, Japanese stocks fell after a stronger yen soured sentiment as the Nikkei share average slid 263.98 points or 1.38% to 18,884.10 points. The Australian market was modestly higher, tracking positive cues overnight from Wall Street after the Fed’s widely expected decision to leave interest rates unchanged. Mining and banking stocks were among the lead gainers. The S&P/ASX 200 benchmark index collected 15.10 points or 0.27% to end at 5,668.30 points.

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