KSi Daily Report: Tuesday, 22 April 2014

POMSoX returned from a long Easter break but no trade was registered Tuesday. Both Kina Securities Indices were therefore remained unchanged with the Main Index at 3,646.14 for KSi and 8,158.39 for the home index, KSHi.

In overseas, U.S. stocks closed modestly higher overnight as positive results from a number of companies on Monday boosted sentiment amid thin volumes on Wall Street. The Dow Jones Industrial Average closed 40.71 points, or 0.3%, higher at 16,449.25 points. Asian stocks edged higher on Tuesday following a Wall Street rally but mood was still cautious before a report on Chinese manufacturing and possible sanctions against Russia over Ukraine. The Japan Nikkei average was down 123.61 points or 0.3% at 14,556.03 points by close of market today. In Australia, investors taking cues from gains on Wall Street with the benchmark S&P/ASX200 index going up 25.1 points, or 0.46%, at 5,479.30 points.

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