KSi Daily Report: Wednesday, 25 June 2014

Both Kina Securities Indices remained unchanged amid quiet trading on POMSOX on Wednesday. The main index or KSi was steady at 3,699.27 points while the home index or KSHi remained at 7,599.22 points at the close.

The was only one stock that traded today.

The financial institution, Credit Corporation Ltd (CCP) traded at K2.70 with 4,301 units worth K11,612.70.

In New York markets, overnight late trading on Wall Street sent U.S. stocks lower, with the Dow Jones Industrial Average falling by 119.13 points, or 0.7%, to 16,813.13 points amid escalation in Iraq and profit-taking at the end of the quarter. Japan’s Nikkei share average fell 109.63 points or 0.71% to 15,266.61 points on Wednesday as investors took profits from recent rallies. The Australian share market is lower amid concerns over the conflict in the Middle East, despite strong US economic data released overnight. By close of market today, the benchmark S&P/ASX200 index was down 23.90 points, or 0.44% to 5,408.90 points.

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