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KLCI futures end higher
by Cals Wed 11 Jun 2014, 01:57
| KLCI futures end higher |
| Business & Markets 2014 |
| Written by Bernama |
| Tuesday, 10 June 2014 19:37 KUALA LUMPUR (June 10): The FTSE Bursa Malaysia KLCI futures (FKLI) contracts on Bursa Malaysia Derivatives ended higher, in sync with regional cash markets, following Wall Street's overnight gains. Phillip Futures Sdn Bhd dealer, Lim Eng Wee, said the benchmark FBM KLCI finished 0.7 per cent higher at 1,876.61, led by telcos, as well as oil and gas counters. He said that Asian markets were broadly higher on good economic data and optimism after the People's Bank of China cut the required reserve ratio for rural banks on Monday. "The benchmark June FKLI futures gained 11.0 points to close at 1,878.5, tracking gains in the cash markets," he told Bernama. July 2014 rose 11 points to 1,881, September 2014 added nine points to 1,876.5 and December 2014 went up eight points to 1,873. Turnover increased to 6,087 lots, from 2,863 lots on Monday, and open interest increased to 35,105 contracts, from 31,544 contracts previously. |
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