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KSi Daily Report: Tuesday, 21 June 2016

Tuesday POMSOX trading session was rather quiet as there were no trades done with both Kina Securities stock indices ending unchanged. The Kina Securities main index KSi was maintained at 4,573.93 points while the Kina Securities Home Index KSHi was unmoved at 9,579.23 points.

There were no trades registered today.
U.S. stocks closed up in overnight trading, but off their session highs, following the lead of European markets as polls showed support swinging back toward the U.K. remaining a member of the European Union ahead of a referendum. The Dow Jones Industrial Average closed up 129.71 points or 0.73%, at 17,804.87 points. Japan’s Nikkei share average rose on Tuesday in choppy trade, as a weakening yen supported sentiment, but trading was thin as investors stayed cautious amid hopes Britain will stay in the European Union in this week’s referendum. The Nikkei rose 203.81 points or 1.28% to 16,169.11 after crossing positive and negative territory. A rise among most of the big banks has helped give a modest boost to the Australian share market as investors exercise caution ahead of the June 23 poll in the UK on whether Britain should leave the European Union. At close off market Tuesday, the benchmark S&P/ASX 200 index was up 17.6 points, or 0.33% at 5,274.4 points.

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