KSi Daily Report: Tuesday, 20 September 2016

Both Kina Securities Stock Indices remained unchanged for a consecutive session amid a moderate trading session. The Kina Securities main index KSi was steady at 4,782.52 points and likewise the Kina Securities Home Index or KSHi was maintained at 10,571.91 points.

All stocks traded today were unmoved.

Bank South Pacific Ltd (BSP) and Credit Corporation Ltd (CCP) both evened out at K8.95 and K1.81 flat respectively. Followed closely was City Pharmacy Ltd (CPL) at K1.15 flat.

The day’s trading recorded a total of 11,877 units valued at K20,034.95.

U.S stocks gave up earlier gains to finish marginally lower as investors turned cautious ahead of crucial central bank meetings. The Dow Jones Industrial Average shed 3 points or 0.02% to 2,139 points. Japan’s Nikkei share average dipped on Tuesday as investors counted down to BOJ’s policy decision amid speculation of crucial changes to its massive easing programme. The Nikkei ended down 0.2% at 16,492.15 points. The Australian share market traded in and out of positive territory as investors played catch-up following an interrupted session. The benchmark index S&P/ASX 200 was flat at 5,295 points.

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