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KSi Daily Report: Wednesday, 10 January 2018

POMSOX trading session ended with one stock index gaining ground amid quiet trading. The Kina Securities main index or KSi rose 214.08 points or 3.92% at 5,679.82 points. Meanwhile, the Kina Securities Home index or KSHi slightly moved at 10,884.06 points.

Only one stock traded today.

Dual-listed stock Oil Search Ltd (OSH) was up, gaining K1.99 to end higher at K20.00.

Wednesday’s trading session transacted a total of 3000 shares at a monetary value of K60,000.

U.S stocks closed moderately in the green on Tuesday, as oil climbed high pushing energy shares higher and as investors awaited upcoming earnings season with optimistic expectations. The Dow Jones gained 102.80 points or 0.41% to 25,388.80. Japan’s Nikkei share average took a breather as the session ends after sharp gains, with some index-heavy stocks losing ground. Nikkei 225 declined 61.79 points or 0.26% to 23,788.20. Meanwhile, the Australian share market closed lower as the benchmark S&P/ASX 200 index was down 39.1 points or 0.64% at 6,096.70 points.

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