KSi Daily Report: Tuesday, 3 December 2013

Both Kina securities stock indices were down today, hurt by a home stock on POMSoX Tuesday. The main index, the KSI, fell 0.43 points to 3,857.70. Meanwhile, the home index or the KHSi retreated 7.57 points or 0.1% to 8,217.04.

Only one stock lost during the day against none of other stocks that rose.

City Pharmacy Ltd (CPL), a local major supermarket chain-store, fell 5 toea to K1.90 with a very thin trade.

POMSoX traded 11,350 units of shares today worth of K12,835.40.

In overseas shares, the Dow Jones Industrial Average dropped 77.64 points or 0.48% with 16,008.77 points at the close mainly on the mining sector that slid alongside sharp drops in precious metals prices. However, the Nikkei today closed 94.59 points higher at 15,749.66 points on weaker yen while most Asian stocks were down on speculation that the U. S. Federal Reserve will soon start tapering stimulus. In Australia, the Reserve Bank maintains its benchmark interest rate at a record-low 2.5 percent today. The benchmark S&P/ASX200 ended 23.45 points lower at 5,256.07.

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