The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to remain rangebound next week in line with the underlying cash market.
A dealer said the futures market would remain lacklustre, especially with the results season over and unless new leads show up to stir it.On a week-to-week basis, spot month August 2009 rose 18.0 points to settle at 1,177.5 from last Friday while September 2009 gained 11.5 points to 1,169.0.
A dealer said the futures market would remain lacklustre, especially with the results season over and unless new leads show up to stir it.On a week-to-week basis, spot month August 2009 rose 18.0 points to settle at 1,177.5 from last Friday while September 2009 gained 11.5 points to 1,169.0.
December 2009 and March 2010 each increased 11.0 points to 1,164.0 and 1,158.0 respectively.The week's turnover increased to 56,302 lots from 35,999 lots last week while open interests stood at 21,592 contracts against 20,081 previously.
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