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KSi Daily Report: Friday, 24 February 2017

Friday’s POMSOX trading session closed on the green as both stock indices climbed amid light trading. The Kina Securities main index KSi added a mere 0.05 points to end at 4,825.04 points. Similarly, the Kina Securities Home Index KSHi rose 9.85 points or 0.09% to 10,694.79 points.

Two stocks gained compared to nil losses.

Bank South Pacific Ltd (BSP) added a toea to close higher at K9.02 followed by Oil Search Ltd (OSH) at K17.57, up a toea.

Meanwhile, Credit Corporation Ltd (CCP) and Kina Asset Management Ltd (KAM) both evened out at K1.95 and 97toea flat respectively. Agmark NGIP Ltd (NGP) was steady at 60toea at the close of market.

A total of 7,830 shares were registered on thin trading valued K37,124.31.

The Dow Industrials notched a 10th straight record in an up-and-down session as the DJIA closed up 34.72 points or 0.2% at a record of 20,810.32 points. Japanese stocks managed to steady from early falls as the yen weakened slightly as the Nikkei share average edged down 111.29 points or 0.57% to 19,260.17 points. The Australian stock market extended losses on Friday from the previous session, following cues from overnight trading on Wall Street and lower commodity prices. S&P/ASX 200 benchmark index lost 25.70 points or 0.44% to 5,759.00 points

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