KSi Daily Report: Wednesday, 20 September 2017

The Kina Securities main index extended their gains for the second consecutive session on POMSoX Wednesday. The main Kina Securities Main Index, the KSi, added a small gain, up 0.44 points (0.01%) to finish at 5,201.38 points. Likewise, the home index, the KSHi completed at 11,019.12 points, after advancing 13.32 points (+0.12) at the close.

There was one stock that gained with no loss.

Credit Corporation Ltd (CCP) was the winner for the session gaining 2toea at K1.80.

Meanwhile, Bank South Pacific Ltd (BSP) was unchanged at K9.50 even.

Today’s trades recorded a total of 66,037 units valued at K125,280.70.
U.S. stock indexes ended at all-time highs in overnight trading, as Federal Reserve policy makers began a two-day policy meeting in which they’re expected to finalize the details of their plan to begin slowly shrinking the central bank’s $4.5 trillion balance sheet. The Dow Jones Industrial Average rose 39.45 points, or 0.2%, to close at 22,370.80, extending its win streak to eight sessions and notching its 41st record close of the year. Japan’s Nikkei share average was at up 11.08 points (0.05%) at 20,310.46 on Wednesday after scaling more than two-year highs on the previous day, while investors stayed cautious before the U.S. Federal Reserve’s policy meeting which ends later in the day. However, The Australia stock market pulled off early lows to end the day marginally lower on Wednesday, as investors braced for the outcome of a highly-anticipated meeting of US monetary policy makers. Australia’s S&P/ASX 200 index finished the session down 4.5 points, or 0.1% at 5,706.90 points.

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