Both Kina Securities stock indices gained grounds to close high amid quiet trading on POMSOX trading Thursday. The positive change was attributed by a home-listed stock that advanced. The main index KSi rose 1.32 points or 0.03% to 5,267.02 points, likewise the Home index KSHi rose 39.40 points or 0.36% to 10,987.45 points.
The leading financial stock Bank South Pacific Ltd (BSP) was up by 4 toea at K9.45.
BSP Unsecured notes (BSPHA) also traded closing higher by K500.00 at K25,500.000
The Day’s trading recorded a total of 655 units with a values of K31,180.30.
U.S. stock benchmarks closed at records on Wednesday after minutes from the Federal Reserve’s September meeting suggested caution among policy makers on the next interest rate hike which the market had widely expected in December. The Dow Jones Industrial Average rose 42.21 points, or 0.2%, to close at 22,872.89 points. Japan’s Nikkei share average scaled its loftiest peak in more than two decades on Thursday, hoisted by records on Wall Street that offset weakness in oil-related shares. The Nikkei was up 73.45 points or 0.35% at 20,954.72 points. Likewise, Australian stocks advanced on Thursday in a broad-based rally that lifted the market back to back to end-June levels by the end of the trading day. Australian stocks advanced on Thursday in a broad-based rally that lifted the market back to back to end-June levels by the end of the trading day. The S&P/ASX 200 index rose 22 points, or 0.4% to 5,794.50 points.