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KSi Daily Report: Friday, 27 January 2017

Friday’s POMSOX trading session closed on the red as both stock indices declined attributed by a major financial home-listed stock.

One stock fell amid other stocks that remained.

Bank South Pacific Ltd (BSP) gave up 15toea to end lower at K9.05.

Other stocks traded unchanged included City Pharmacy Ltd (CPL) and Oil Search Ltd (OSH) at K1.00 and K17.50 flat respectively.

The day’s trading transacted a total of 12,059 units valued at K91,127.15.

The Dow Jones Industrial Average rallied 32 points to a second-straight record close above 20,000 as the DJIA raised 32.40 points or 0.16% to 20,101 points. Japanese stocks rose as sentiments was helped by the dollar’s strength against U.S economic outlook but gains were limited on worries about Trump’s protectionist policies. The Nikkei ended gained 65.01 points or 0.34% to close at 19,467.40 points. The Australian stock market advanced after the market was closed for the Australian Day holiday on Thursday. The benchmark S&P/ASX 200 added 35.40 points or 0.62% to 5,706.90 points.

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