MARKET UPDATE 28-Jan-19

Six of listed stocks recorded market activities. Kontiki Finance shares recorded a one cent growth to close the week at $0.98, while Fijian Holding shares rose by 4 cents to a price of $0.88.

Following these price changes, the market capitalisation increased to $3.10 billion.

Meanwhile in forex market, this week investors will be focusing on the U-S Federal Reserve’s first meeting of the year. They will be hoping for more clarity on the possible future path of monetary policy from Fed Chairman Jerome Powell.

The ongoing trade negotiations between the U.S. and China will also be in the spotlight. Chinese officials are to arrive in Washington on Wednesday aiming to resolve the long-running trade war between the two countries.

FX Rates 28.01.19

 

 

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