ZLBT Chats

Tuesday, May 11, 2010

BURSA MALAYSIA >>> FBM KLCI Futures

FKLI Ghost Lower
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures on Bursa Malaysia Derivatives ended slightly lower Tuesday, dealers said.

May 2010 and June 2010 declined 5.5 points to close at 1,332.5 each while September 2010 and December 2010 eased four points each to 1,333 and 1,333.5 respectively.

Turnover rose to 8,956 lots from 8,218 lots Monday while open interest increased to 20,412 contracts from 19,998 contracts previously.

The underlying FBM KLCI advanced 6.75 points to close at 1,340.72.

ZLBT Recommendations

Buy On Weakness Intraday Support

Sell At Resistance

Short term Outlook >>> Neutral / Slightly Bearish

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