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KSi Daily Report: Thursday, 16 November 2017

Thursday’s trading session was unchanged amid moderate trading as both stock indices remained. The Kina Securities main index KSi was flat at 5,289.15 points and similarly the Kina Securities Home Index KSHi was steady at 11,037.68 points.

Bank South Pacific Ltd (BSP) was unmoved at K9.50 followed by Oil Search Ltd (OSH) at K17.82.

The day recorded a total volume of 21,190 shares worth K224, 534.44.

U.S stocks closed lower for a second session with the Dow finishing at a near one month low as crude oil prices extended losses on the heels of data that showed an unexpected rise un U.S inventories. The Dow Jones Industrial Average fell 135 points or 0.6% to end at 23,273 points. Japan’s Nikkei share average rose as buyers stepped back in for bargains following six straight days of losses as the Nikkei was up 0.6% at 22,176.87 points. In Australian markets, shares overcame the early wobbles to finish moderately higher which featured a key jobs release. S&P/ ASX 200 benchmark index closed up 9 points or 0.2% at 5,944.00 points.

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