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KLCI futures contract closes lower
by Cals Wed 21 May 2014, 01:55
| KLCI futures contract closes lower |
| Business & Markets 2014 |
| Written by Bernama |
| Tuesday, 20 May 2014 19:22 KUALA LUMPUR (May 20): The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts (FKLI) on Bursa Malaysia Derivatives closed lower today, in tandem with lower underlying cash market. Phillip Futures Sdn Bhd dealer, Thomas Yew Jia-Jong, said the FKLI traded in a tight range in the morning session, before sliding to end in the red. "Profit taking in the cash market, especially during the afternoon session, caused the FKLI to slide," he told Bernama. At close, May 2014 fell two points to 1,877.5 points, June 2014 shed three points to 1,876 points, while September 2014 and December 2014 declined one point each to 1,871 points and 1,872 points, respectively. Turnover declined to 3,221 lots from Monday's 3,790 lots, while open interest was slightly lower at 32,356 contracts, from 32,779 contracts yesterday. The benchmark index finished 5.91 points lower, at 1,881.16 points. |
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