KSi Daily Report: Wednesday, 22 January 2014

POMSOX trading stocks ended the day on a moderate note as the Kina Securities Index, or KSi added 1.76 points or 0.06% at 3,870.38. The Kina Securities Home Index, or KSHi, remained unchanged at 8,211.79 points.

One stock rose while the rest that traded closed flat.

Oil Search Ltd was traded at K17.53, up 2 toea.

City Pharmacy Ltd (CPL) closed atK1.96, followed by a leading financial institution Bank South Pacific Ltd (BSP) at K7.98. New Britain Palm Oil (NBO) and Newcrest Mining Ltd (NCM) ended stable at K15.00 and K30.00 respectively.

Total shares registered today was 6,010 units worth of K54,045.56.

In markets abroad, the Dow Jones Industrial Average closed lower by 44.12 points, ending at 16,414.44 points while other major indices were mixed. In Tokyo, the Nikkei ended 0.2 percent higher at 15,820.96 following the Central Bank decision to keep monetary policy steady. The Australian market closed flat consecutively following a mixed lead from the Wall Street but mood were dampened by major resources companies such as BHP and RIO that fell almost 1.0% on ASX today. The benchmark S&P/ASX 200 declined 11.70 points, 0.22%, to 5,319.77 points.

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