KLCI futures closes lower, in sync with cash market
Page 1 of 1
KLCI futures closes lower, in sync with cash market
KLCI futures closes lower, in sync with cash market |
Business & Markets 2014 |
Written by Bernama |
Wednesday, 16 April 2014 18:46 |
KUALA LUMPUR (April 16): The FTSE Bursa Malaysia KLCI Futures (FKLI) contract on Bursa Malaysia Derivatives closed lower today, in tandem with the weaker underlying cash market, a dealer said.
Phillip Futures Sdn Bhd Dealer, Thomas Yew Jia-Jong, said cautious sentiment dominated the market, with the key index dragged by late selling of selected blue chips.
"The FTSE Bursa Malaysia KLCI slipped, despite China's Gross Domestic Product growth performing better than market estimates," he told Bernama.
China’s economy grew 7.4 per cent in the first quarter, just above analysts expectation of 7.3 per cent.
April 2014 eased 7.5 points to 1,844.5, May 2014 fell 5.5 points to 1,840, June 2014 declined five points to 1,839, and September 2014 erased six points to 1,834.
Turnover doubled to 6,347 lots, from 3,516 lots yesterday, while open interest rose to 34,524 contracts, from 33,235 contracts on Tuesday.
The benchmark FBM KLCI trimmed 8.51 points to 1,845.37, after moving between 1,845.37 and 1,854.62 throughout the day.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
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 Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» KLCI futures closes lower in line with cash market
» KLCI futures closes in sync with easier cash market
» KLCI futures closes stronger, lifted by firmer cash market
» KLCI Futures end lower in line with cash market
» KLCI futures end lower in line with cash market
» KLCI futures closes in sync with easier cash market
» KLCI futures closes stronger, lifted by firmer cash market
» KLCI Futures end lower in line with cash market
» KLCI futures end lower in line with cash market
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|