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KLCI futures close higher in sync with firmer cash market

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KLCI futures close higher in sync with firmer cash market Empty KLCI futures close higher in sync with firmer cash market

Post by Cals Thu 27 Jun 2013, 02:38

KLCI futures close higher in sync with firmer cash market
Business & Markets 2013
Written by Bernama   
Wednesday, 26 June 2013 18:58

KUALA LUMPUR (June 26): The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed higher today, tracking the stronger cash market which rebounded after five consecutive days of losses, dealers said.

Spot month June 2013 gained seven points to 1,737.5, July 2013 and September 2013 gained 5.5 points each to 1,739.5 and 1,740.5 respectively, and December 2013 earned four sen to 1,741.5.

Turnover declined to 24,108 lots from 46,245 lots on Tuesday, while open interest stood at 57,823 contracts from 79,045 contracts previously.

The underlying FBM KLCI rose 12.12 points to end the day at 1,740.76.
Cals
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