The month ended with both Kina Securities stock indices closing positively on Friday. The main index, KSi advanced 315.99 points or 9.04% to 3,810.83 points. Likewise, the Home Index or KSHi rose 2.67 points or 0.03% to 9,660.67 points.
Five stocks traded today with one gained compared to another that fell.
Oil Search Ltd (OSH) closed 40toea higher to end at K16.20, up 95Toea,. In ASX, the stock closed at $7.85, +$0.33, with intraday of $8.16 early in the morning.
On the downside, portfolio management stock Kina Asset Management Ltd (KAM) was 3toea lower at 95toea at the close.
Pharmacy Ltd (CPL) and Bank South Pacific Ltd (BSP) traded at K1.37 and K7.44 flat respectively.
Today’s trades registered a total of 44,571 units valued at K329,258.21.
U.S stocks ended Thursday’s choppy session slightly lower as investors grappled with weaker-than-expected economic reports and mixed earnings results. The Dow Jones Industrial Average declined 23.72 points or 0.13% to 17,755.80 points. Japan’s Nikkei share average, 19,083.10 points, +147.39 points or 0.78%. rose to more than a two-month high as the BOJ kept monetary policy steady. Australian shares closed lower with banks, miners and Telstra weighing down the market. The S&P/ASX 200 was 27.42 points or 0.52% lower at 5,239.44 points.