KSi Daily Report: Monday, 19 June 2017

Monday’s POMSOX trading session saw one stock index ending on the red amid thin trading. The Kina Securities main index (KSi) slipped 487.28 points or 9.08% to close lower at 4,878.26 points. However, the Kina Securities Home Index (KSHi) was maintained at 11,057.97 points at the close.

One stock gained compared to another that rose.

Dual-listed financial stock Kina Securities Ltd (KSL) added a toea to end at a high of K2.57.

Mining giant Newcrest Mining Ltd (NCM) fell by K9.00 to end at K46.00.

Oil Search Ltd (OSH) was the only other stock closing unchanged at K18.00 as the stock recorded an intra-day high of K18.05.

The day recorded a total volume of 4,395 shares worth K41,420.69.

In U.S markets, the Dow notched its 21st record of 2017 led by a late-stage rise in energy shares, as the DJIA rose 24.38 points or 0.1% to 21,384.58 points. Japanese stocks rose as the dollar’s steady performance against the yen fuelled buying stock futures as the Nikkei share average gained 109.47 points or 0.55% to 20,052.73 points. The Australian stock market was higher extending gains from the previous session after Wall Street closed mixed on Friday. The benchmark index S&P/ASX 200 added 31.20 points or 0.54% to 5,805.20 points.

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