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KSi Daily Report: Wednesday, 21 January 2015

POMSOX trading session on Wednesday was quiet as there were only two trades completed. Both Kina Securities Indices were unchanged. The main index KSi registered at 3,491.26 points while the Home Index KSHi was stable at 9,463.47 points.

Bank South Pacific Ltd (BSP) ended at K7.13 flat with light volume of 4,976 units with value of K35,573.60. Oil Search Ltd (OSH) completed at K16.00 even amid thin trading volume.

The day’s trading recorded a total of 5,071 shares with a monetary value of K36,998.88

U.S stocks ended Tuesday’s choppy session with marginal gains with the main benchmarks turning early losses into gains. The Dow Jones Industrial Average added 3.66 points or 0.02% to 17,515.23 points. Japanese stocks fell on Wednesday as investors pocketed gains from the sharp rises in past two sessions. The Nikkei share average sliced 86 points or 0.49% to 17,280 points. However, the benchmark index S&P/ASX 200 gained 85.71 points or 1.61% to 5,393.38 points with gains from all sectors.

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