KSi Daily Report: Wednesday, 23 August 2017

POMSoX was quiet on Tuesday’s session but both Kina securities indices edged higher on financial stock. The Kina Securities Main Index or KSi gained a mere 0.33 points at 4,983.11 points. Likewise, the Kina Securities Home Index or the KSHi collected 9.85 points (+0.09%) at 11,001.75 points just above the 11,000 benchmark.

During the session , there was one stock that gained against none that fell.
Wednesday’s POMSOX session was rather quiet as both stock indices were maintained. The Kina Securities main index KSi was steady at 4,983.11 points and similarly the Kina Securities Home Index KSHi was maintained at 11,001.75 points.

There were no trades registered today.

In overseas news, U.S stocks closed higher with the Dow and Nasdaq turning in their best session in months as their second straight daily gain was logged in while the Nasdaq snapped a three-session skid. The Dow Jones Industrial Average rallied 196.14 points or 0.9% to close at 21,899.89 points. Japan’s Nikkei share average rebounded on morning after Wall Street gained as Nikkei rose 0.7% to 19,509.48 points. The Australian stock market rose following the overnight gains with upbeat earnings results from local companies which also boosted investor sentiment. The benchmark S&P/ASX 200 index gained 14.90 points or 0.26% to 5,765.00 points.

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