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KSi Daily Report: Wednesday, 27 December 2017

Both stock indices were maintained on Wednesday after the long weekend Christmas holidays. The Kina Securities main index KSi was unchanged at 5, 466.85 points and similarly the Kina Securities Home Index KSHi was maintained at 10, 917.38 points.

There were no trades registered for the day.

In overseas news, U.S stocks finished slightly lower as a decline in Apple Inc. more than offset post-holiday gains in the retail sector as a surge in crude oil futures that took the commodity to a 2 ½ year high. The Dow Jones Industrial Average traded down 7.85 points or 0.1% to finish at 24, 746.21 points. Japan’s Nikkei share average inched up with a rally in crude prices supporting oil – related shares as the Nikkei was 0.09% higher at 22, 912.43 points. The ASX ended flat after its first day of post-Christmas trade, despite strength in mining and energy stocks and the S&P/ASX 200 benchmark index rose 0.20 points or 0.15% to close higher at 6, 069.70 points.

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