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KSi Daily Report: Tuesday, 05 September 2017

Tuesday’s POMSOX trading session was unchanged with both stock indices closing flat. The Kina Securities main index KSi was steady at 4,986.55 points and similarly the Kina Securities Home Index KSHi was unmoved at 11,104.30 points.

BSP Unsecured notes (BSPHA) was the only stock traded at K25,000.00, a total volume of 50 notes valued K1,250,000.00.

In offshore markets, U.S stocks suffered worst daily loss in 3 weeks on policy uncertainty with fears over North Korea as the Dow Jones Industrial Average fell 234.00 points or 1.1% to 21,753 points. Japan’s Nikkei share average brushed one-week lows in choppy trade as tensions on the Korean peninsula sapped risk appetite. The Nikkei shed 70.00 points or 0.36% to 19,360.00 points. The Australian market closed marginally higher with the RBA’s decision to keep rates on hold. There were mixed results from the sectors materials and health care as the S&P/ASX 200 benchmark index rose 4.20 points or 0.07% to 5,706.20 points.

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