KSi Daily Report: Wednesday, 14 June 2017

One stock index declined amid a thin trading session on POMSOX on Wednesday. The Kina Securities main index KSi slipped 0.47 points or 0.01% to 4,879.22 points while the Kina Securities Home Index KSHi was steady at 11,057.97 points.

Dual-listed financial stock Kina Securities Ltd (KSL) fell by 4toea, closing lower at K2.56.

Meanwhile, Bank South Pacific Ltd (BSP) and Credit Corporation Ltd (CCP) were both evened out at K9.51 and K1.78 flat respectively.
Followed by Agmark NGIP Ltd (NGP) which was maintained at 60toea.

The day’s trading transacted a volume of 11,123 units worth K21,534.02.

In the U.S markets, both the Dow and the S&P 500 closed at records as technology shares rebounded on the back of a two-day decline as the Dow Jones Industrial Average gained 92.80 points or 0.44% to 21,328.47 points. Japan’s Nikkei share average rose tracking overnight gains on Wall Street but activity was subdued ahead of the Fed’s monetary policy decision. The Nikkei fell 15.23 points or 0.08% to end at 19,883.52 points. Australian shares rose a near one-month high driven by broad-based gains in the wake of record highs on Wall Street that was helped by a rebound in technology stocks. S&P/ASX 200 benchmark index climbed 55.53 points or 0.01% to 5,827.7 points.

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