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KSi Daily Report: Wednesday, 29 November 2017

Wednesday’s POMSOX trading session closed on the red as both stock indices declined. The Kina Securities main index KSi fell 2.02 points or 0.04% to 5,288.33 points and similarly the Kina Securities Home Index KSHi slumped 59.96 points or 0.55% to finish at 10,917.38 points.

Debit stock BSPHA unsecured note BSPHA closed unchanged at K25, 000.00

Financial stock Credit Corporation Ltd (CCP) slipped 9toea to close lower K1.69.

The day’s trades transacted a total of 21,139 shares valued at K535, 689.42

U.S stocks closed at records after bouncing around during the regular session as geopolitical tensions and domestic developments pulled the market in different directions. The DJIA climbed 255.93 points or 1.1% to end 23,836.71 points. Japan’s Nikkei share average as banks and financial shares tracked their U.S counterparts higher as the Nikkei was up 110.96 points or 0.49% to end at 22,597.20 points. In Australian stock market, gains for the big four banks helped the ASX to advance with the benchmark closing firmly over the key 6,000 level for the first time since the middle of November. The S&P/ASX 200 benchmark index advanced 26 points or 0.4% to 6,011 points.

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