KSi Daily Report: Tuesday, 13 June 2017
The POMSOX trading session ended on the green after the long weekend attributed by positive movement from a home-listed stock. The Kina Securities main Index KSi rose by 0.33 points or 0.01% to 4,879.69 points and likewise the Kina Securities Home Index KSHi gained 9.00 points or 0.08% to 11,057.97 points.
Leading stock in terms of market capitalization Bank South Pacific Ltd (BSP) added a toea, closing higher at K9.51.
On the downside, BSP unsecured notes (BSPHA) edged lower by K100.00 to close at K25, 500.00.
The day’s session transacted a total volume of 3,640 shares worth K1, 054,616.40.
In overnight trading, the U.S stock market benchmarks closed lower, weighed down by a second straight session of firm losses in technology shares. The Dow Jones Industrial Average fell 36.30 points or 0.17% to 21,235.67 points. Japan’s Nikkei share average trimmed modest losses and steadied as the shock from a slide in U.S technology shares began to ease. The Nikkei was a fraction lower, down 6.90 points or 0.03% to 19,901.68 points. Australian shares rose after a long weekend boosted by financials and energy shares, while the technology sector slid in tandem with U.S peers. The S&P/ASX 200 advanced 41.1 points or 0.7% higher at 5,718.70 points.