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KSi Daily Report: Thursday, 28 July 2016

Thursday’s trading session ended on a mixed note amid an active session. The Kina Securities stock indices KSi was down 3.03 points or 0.7% to 4,644.21 points. The Kina Securities Home Index KSHi maintained at 9,828.03 points.

A stock lost among the rest that remained unchanged.

On the downside, energy stock Oil Search Ltd (OSH) fell by 3toea to end at K17.12 at the close.

Credit Corporation Ltd (CCP) was the only stock unmoved at K1.68.

The day’s trading registered a total of 63,968 shares at a monetary value of K108,639.68.

U.S stocks closed lower after briefly notching gains on the session after the Feds signaled a willingness to raise benchmark interest rates in the fall. The Dow Jones Industrial Average collected 24 points or 0.13% to 18,414 points. Japan’s Nikkei share average fell as the market took a breather after the yen strengthened before the BOJ decision. The Nikkei was declined 187.98 points or 1.13% to 16,476.84 points. The Australian share market was higher as investors digest local inflation data with the benchmark S&P/ASX 200 index was up 14.4 points or 0.26% to 5,554.10 points.

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