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KSi Daily Report: Monday, 04 April 2016

Monday’s trading session was quiet as both Kina Securities stock indices maintained. The Kina Securities main index KSi was flat at 4,000.89 points and likewise the home index KSHi was steady at 9,087.27 points.

Dual-listed banking and finance stock Kina Securities Ltd (KSL) was the only stock traded today. The stock evened out at K2.10, on ASX it ended at $0.92c, down 3.5c. A total of 6,763 shares were transacted today valued at K14202.30.

In U.S markets, Wall street gained in overnight trading after upbeat US jobs and factory data raised hope of stronger corporate earnings. The Dow Jones Industrial Average rose by 107.66 points or 0.61% to 17,792.75 points. Japan’s Nikkei share average fell to a fresh one-month low as the dollar sagged against the yen despite a stronger –than-expected U.S jobs report. The Nikkei was 40.89 points or 0.25% to 16,123.27 points. The Australian share market maintained a positive start to trading and is nearly one per higher after major stocks led the local bourse higher while energy stocks were weak in the wake of a lower oil price. Benchmark index S&P/ASX 200 fell 4.08 points or 0.08% to 4,995.30 points.

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