KSi Daily Report: Friday, 17 April 2015

On Friday, POMSoX’s close saw both Kina Securities Indices close in positive territory as the main index the KSi collected a mere 0.42 points or 0.01% at 3,861.17 points. The Kina Securities Home index or the KSHi followed the same uptrend, advancing 13.12 points or 0.13% at 9,751.90 points.

POMSoX registered a gain against with nil losses.

City Pharmacy Ltd (CPL) was the sole contributor to the positive movement of the indices as the stock climbed by 5 toea to K1.45.

Meanwhile, Bank South Pacific Ltd (BSP) was the only stock traded unchanged for today session at K7.40 even

The day’s trading recorded a total of volume of 24,715 shares at a value of K51,009.25.

U.S. stocks closed slightly lower in overnight trading as investors grappled with upbeat earnings reports, downbeat economic data, and a handful of Federal Reserve speakers debating when the central bank should raise interest rates. The Dow Jones Industrial Average closed down 6.84 points at 18,105.77 points. Japan’s Nikkei share average dropped 232.89 points or 1.17% at 19,652.88 points on Friday after weaker-than-expected U.S. housing data soured the mood, while investors awaited Japanese corporate earnings starting next week. Also dampening sentiment was weakness in Europe shares and concern about Greece’s financial woes. Likewise, The Australian benchmark S&P/ASX200 index was down 75.10 points or 1.26% at 5,872.40 points as the big miners and banks are dragging the share market lower as investors take profits from recent gains despite commodity price rises. and exercise caution due to concerns about Greece’s debts.

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