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KSi Daily Report: Friday, 01 December 2017

POMSoX opened the month of December on a quiet note with both Kina Securities stock indices closing unchanged. The main index or KSi was flat at 5,452.95 points while the home index or KSHi was unmoved at 11,015.88 points.

There were no trades recorded for today’s session

US Stocks rallied in overnight trading as investors await vote on tax reform. The Dow Jones Industrial Average was surged 331.67 points or 1.37% at 24,272.35 points with a 3.8% rise in November, closing out its eighth straight positive month, its longest such streak since 1995, according to FactSet. Japan’s Nikkei share average closed higher by 94.07 points or 0.41% at amid a choppy trading session. Australian shares ended Friday’s session with the S&P/ASX 200 index up by 19.90 points or 0.33% 5,989.80 points with investors buying into energy stocks.

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