KSi Daily Report: Friday, 23 June 2017
The week ended on a mixed note as one stock index declined amid an active trading on Friday’s POMSOX session. The Kina Securities main index KSi was down 53.79 points or 1.10% to 4,824.81 points while the Kina Securities Home index KSHi was maintained 11,067.82 points.
Oil Search Ltd (OSH) slipped by 50toea to close at a low of K17.50.
Other stocks traded unchanged included Bank South Pacific Ltd (BSP) and Agmark NGIP Ltd (NGP) both evened out K9.52 and 60toea flat respectively.
A substantial volume of 91,780 shares were transacted at a worth of K77,154.02.
U.S market closed marginally lower as weak financials and consumer staples shares outweighed rises in health-care and biotech sectors. The Dow Jones Industrial Average shed 12.74 points or 0.06% to close lower at 21,397.29 points. Japan’s Nikkei share average was flat as dollar-yen levels steadied after major economic events as the Nikkei closed flat at 20,132.67 points by 22.16 points or 0.11%. The Australian stock market advanced led by mining stocks despite cues overnights with slight rebound in crude oil prices. S&P/ASX 200 benchmark index rose 13.20 points or 0.23% 5,719.20 points.