ZLBT Chats

Monday, January 11, 2010

FBM KLCI Futures Market Overviews

FKLI >>> Pullback From 1301
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures on Bursa Malaysia Derivatives closed slightly higher on Monday in line with the firm cash market, dealers said.
Profit taking however denied the Spot month from sustaining its' gains from intraday high of 1301 done during the morning session. The low & high fluctuations was between 1294 & 1301.

Spot month January 2010 and February 2010 contracts picked itselves up to close + 0.5 points each to 1,297.5 and 1,297.5 respectively after dipping into red zones occasionally.
Meanwhile, March 2010 and June 2010 were flat at 1,296.5 and 1,296 respectively.

Total volume decreased to 3,917 lots from 5,227 lots last Friday, but open interest rose to 18,497 contracts from 17,994 contracts.

The underlying FBM KLCI closed 1.53 points higher at 1,294.51 to

No comments:

Post a Comment