KSi Daily Report: Monday, 6 January 2014

POMSOX trading opened the second week of January in light mode. The Kina Securities main index, the KSi, edged slightly by 0.02% to 3,871.05 points, while the Home Index or KSHi was untouched at 8,180.96.

Only one stock lost during the day against none of the other stocks that rose.

Oil Search Ltd (OSH) was the only stock that traded lower at K17.52 , down a toea.

One of the financial-leader stock Credit Corporation Ltd (CCP) traded at K2.50. It was accompanied by a leading agricultural New Britain Palm Oil (NBO) unchanged at K15.00. City Pharmacy Ltd (CPL) registered a trade at K1.96 even.

Today’s trade registered a total volume of 9,125 units at a combined value K38,872.90.

In markets abroad, New York’s Dow Jones Industrial Average (DJIA) on Friday slightly advanced on positive unemployment data at 16,469.99, up 28.64 points or 0.17%. Japanese share average stumbled 381.81 points, 2.34%, closing at 15,909.50 points on the first trading day of 2014 Monday as investors took profits on financials large market capital stocks. Australian stocks also edged lower, retreating 25.20 points or 0.47% ending at 5,324.90 points as data showed the services sector softened in December.

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