KSi Daily Report: Tuesday, 16 January 2018

The day’s trading was quiet as both Kina Securities Stock Indices remained steady. The Kina Securities main index KSi was maintained at 5,573.45 points while the Kina Securities Home Index KSHi was unchanged at 10,919.99 points.
BSP Unsecured Notes (BSPHA) closed flat at K25,000.00 as the only stock traded today with a monetary value of K150,000.00.
In overseas news, the US stock market was closed on Monday for the Martin Luther King Jnr public holiday. Meanwhile the Asian markets saw Japan’s Nikkei share average sealed gains as the markets closed for Tuesday , triggered by expectations for strong corporate earnings underpinning sentiment. The Nikkei was up 0.38% at 23,804.67. The Australian share market has closed weaker, led into the red by retreating financial and energy stocks. The benchmark S&P/ASX200 index was down 26.1 points, or 0.52% to 4,974.9.