KSi Daily Report: Friday, 28 April 2017

Both stock indices edged higher on Friday’s POMSOX trading session. The Kina Securities main index KSi was up by 15.46 points or 0.30% at 5,097.50 points and likewise the Kina Securities Home Index was advanced 9.85 points or 0.09% to 11,069.10 points.

Two stocks gained while another one fell accompanied by a debit stock.

Kina Securities Ltd (KSL) was closed 10toea higher to end at K2.60 followed by Bank South Pacific Ltd (BSP) up by a toea at K9.48.

Other stocks traded however remained unchanged were Oil Search Ltd (OSH) and NGIP Agmark Ltd (NGP) at K18.00 and 60 toea flat respectively.

BSP unsecured notes (BSPHA) had also transacted at K26,000.00 down K500.00.

The day’s trading registered a total volume of 103,446 shares at value of K110,304.24.
In Overseas news, The Dow has rose 6.24 points at 20,981.33 points in overnight trading up a total of 14.45% since Trump’s stunning Nov. 8 election victory, after a campaign promising a raft of Wall Street friendly policies, including tax cuts, deregulation and a boost in infrastructure spending. Japan’s Nikkei share average ticked down further from recent five-week highs on Friday as a relief rally driven by fading political worries in Europe fizzled ahead of Golden Week holidays next week. The Nikkei fell 74.99 points or 0.39% to 19,176.88 points at close. In Australia, Shares manage to reverse early losses to nudge higher on Friday, ending the week firmly up and within sight of 6000 points. The S&P/ASX 200 index was up 2.60 points or 0.04% at 5,924.10 points.

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