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KSi Daily Report: Wednesday, 03 January 2018

Wednesday’s POMSOX trading session was rather quiet as both stock indices maintained for a second consecutive day. The Kina Securities Main index KSi was steady at 5,467.04 points followed by the Kina Securities Home Index (KSHi) unchanged at 10,890.73 points.

No stocks traded today.

In off-shore market news, U.S stocks started the first trading day on a positive note seeing the Dow Jones Industrial Average trading more than 100 points, thus looking at kicking off 2018 on solid grip with an increase of 104.79 points, or 0.42% , at 24,824.01. Japanese stocks closed on a negative note on the first trading day of the year with Nikkei share average sinking to 19.04 points or 0.08% to 22,764.94. The Australian market shook off yesterday’s sluggish start to the year after Wall Street headed into its first 2018 trading day on a high note as the benchmark index ASX 200 added 10.90 points or 0.18% to 6,072.20.

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