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KSi Daily Report: Friday, 29 December 2017

The POMSOX trading session was rather quiet on the last trading day of 2017 as both stock indices were unchanged. The Kina Securities main index KSi was flat at 5, 467.04 points and similarly the Kina Securities Home Index KSHi was unmoved at 10, 890.73 points.

There were no trades registered on Friday’s session.

In overseas markets, the Dow Jones Industrial Average logged its 71st record close buoyed mostly by gains in bank shares and a slight pick-up in energy and materials as crude-oil prices perked up in seasonally light trading volume. The DJIA rose 62.21 points or 0.26% to finish at 24, 837.51 points. Japan’s Nikkei share average rose on its final trading day of the year as banking shares rebounded, putting the index on track to gain nearly 20% in 2017. In Australian stock market, local stocks remained weaker at noon amid quiet trade, despite a rise in commodity prices lifting some miners and energy firms. The S&P/ASX benchmark index diced 19.10 points or 0.31% to close at 6, 069.00 points.

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