Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Bursa Community

Bursa Malaysia Stock Forum - Enriching You!


KLCI futures end lower on profit-taking

Bursa Community :: Community News

Go down

KLCI futures end lower on profit-taking Empty KLCI futures end lower on profit-taking

Post by Cals Fri 11 Apr 2014, 01:33

KLCI futures end lower on profit-taking
Business & Markets 2014
Written by Bernama   
Thursday, 10 April 2014 19:45

KUALA LUMPUR (April 10): The FTSE Bursa Malaysia KLCI Futures (FKLI) contracts on Bursa Malaysia Derivatives closed lower today on profit-taking, despite firmer cash market.

"The FKLI uptrend is still intact and is expected to rise tomorrow, with support at 1,852 for the FKLI," Phillip Futures Sdn Bhd Dealer, Thomas Yew Jia-Jong, told Bernama.

He said, Asian markets held firm after a choppy session, despite disappointing China trade data and speculation of stimulus action in the country.

At close, spot month April 2014 fell three points to 1,855, May 2014 eased two points to 1,850, June 2014 slipped 2.5 points to 1,848, and September 2014 decreased 0.5 of a point to 1,844.

Turnover declined to 4,716 lots, from yesterday's 5,879 lots, while open interest decreased to 33,333 contracts, from 35,048 contracts on Wednesday.

However, the benchmark FTSE Bursa Malaysia KLCI finished 3.77 points higher, at 1,859.52.
Cals
Cals
Administrator
Administrator

Posts : 25277 Credits : 57721 Reputation : 1766
Male Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Back to top Go down

Back to top

- Similar topics

Bursa Community :: Community News

 
Permissions in this forum:
You cannot reply to topics in this forum