KSi Daily Report: Tuesday, 11 April 2017

Tuesday’s POMSOX trading session closed flat amid thin trading as both stock indices were maintained. The Kina Securities main index KSi was steady at 4,977.94 and likewise the Kina Securities Home Index KSHi was unchanged at 10,992.04 points.
Credit Corporation Ltd (CCP) and Kina Securities Ltd (KSL) were both evened out at K1.85 and K2.60 flat respectively.
Followed closely by Oil Search Ltd (OSH), closing unchanged at K19.00.
A total of 7,468 units were traded at a value of K119,018.70.
U.S stocks finished a volatile trading session slightly higher on after strength in energy shares managed to offset selling pressures sparked by geopolitical concerns. The Dow Jones Industrial Average was up 1.92 points or 0.01% at 20,658.02 points. Japanese stocks dropped on heightened geopolitical tensions as the Nikkei share average slipped 50.01 points or 0.27% at 18,747.87 points. The Australian stock market recovered after a weak start and was modestly higher following the slightly higher overnight on Wall Street. The benchmark ASX/S&P 200 added 21.60 points 0.37% to 5,934.50 points.