POMSoX stocks closed the week on a quiet note with both Kina Securities Indices unchanged for Friday’s trading session. The main index or KSi was unmoved at 4,983.14 points. Likewise, the home index or the KSHi was steady at 11,002.73 points.
Two stocks traded however all remained even.
Oil Search Ltd (OSH) led the unchanged at K17.00 flat followed by Bank South pacific Ltd (BSP) at K9.55 even.
Friday’s trades recorded a total of 1,050 shares worth a Kina value of K12,262.50.
In off-shore news, The Dow Jones Industrial Average closed down 204.69 points, or 0.9%, at 21,844.01 points in overnight trading with the trifecta of indexes all tumbling for a third straight session for the first time since mid-April, amid a persistent war of words between the U.S. and North Korea. Likewise, Japanese stocks finished slightly lower after a choppy session on Thursday, as investors kept a wary watch on tension over North Korea ahead of Japan’s long weekend. The Nikkei finished down 8.97 points or 0.05% at 19,729.74 points. The Australian share market remains deep in negative territory as investors continue to flee to safe havens amid worries about tension between the United States and North Korea. The benchmark S&P/ASX200 closed 67.80 points or 1.1% lower at 5,693.10 points.