KSi Daily Report: Wednesday, 29 March 2017
Both stock indices were maintained amid moderate trading on POMSOX. The Kina Securities main index KSi was steady at 5,488.80 points and similarly the Kina Securities Home Index KSHi was unchanged at 11,029.70 points.
Kina Securities Ltd (KSL) was the only stock traded flat at K2.50 at the close of the market.
Wednesday’s session transacted a total of 25,000 units valued at K62,500.00.
In markets abroad, U.S stocks finished higher with the Dow Jones Industrials snapping an eight-day losing streak following better-than-expected economic data. The DJIA rose 150.52 points or 0.7% to finish at 20,701.50 points. Japan’s Nikkei share average edged down in choppy trade as ex-dividend share price adjustments pressured the market and offset positive sentiment from gains in Wall Street overnight. The Nikkei added 14.61 points or 0.08% to 19,217.48 points. The Australian stock market extended gains from the previous session following positive lead from overnight trading and firm commodity prices. S&P/ASX 200 benchmark index rose 41.20 points or 0.71% at 5,862.40 points.