KSi Daily Report: Friday, 15 September 2017

The Kina Securities stock indices begin the 42nd Independence Anniversary weekend on a stable note. The main index, the KSi was flat at 5,199.86 points. Likewise, the Kina Securities Home index, or the KSHi registered no movement at 11,005.80 points.

There was no trades registered on POMSoX today.

In markets abroad, The Dow closed at a record for a third session in a row in overnight trading even as the broader market sagged on the back of weak retail shares. The DJIA gained 45.30 points, or 0.2%, to finish at 22,203.48, marking its 38th record finish of 2017. Japan’s Nikkei share average inched up on Friday with the market apparently unruffled by North Korea’s ballistic missile launch, with the dollar remaining relatively stable against the yen despite Pyongyang’s latest challenge. Meanwhile, The ASX is lower after North Korea fired another missile over Japan. Miners are leading the index down and banks are weighing too. The Australia S&P/ASX 200 benchmark index was down 42.40 points or 0.74% at 5,690.30 points.

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