KSi Daily Report: Thursday, 15 December 2016

Thursday’s POMSOX session closed flat as both stock indices remained unchanged. The Kina Securities Main index KSi was maintained at 4,815.68 points and likewise the Kina Securities Home Index KSHi was evened out at 10,641.78 points.

All stocks traded today were unmoved.

Banking and financial stock Bank South Pacific Ltd (BSP) and Kina Securities Ltd (KSL) both ended unchanged at K9.00 and K2.70 flat respectively.

A total of 11,001 shares were traded at a value of K119,200.00

U.S stocks ended a volatile session lower in overnight trading as the Dow Jones Industrial Average slumped 118.68 points or 0.60% lower to 19,793 points. Japan’s Nikkei share average edged down in choppy trade as investors took profits from the seven-day rally and Fed’s decision to raise rates. The Nikkei was
The Australian market declined as the Fed’s cut its benchmark interest rate for the first time in a year. The benchmark S&P/ASX 200 fell 25.80 points or 0.49% to 5,558.80 points.

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