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Wednesday, July 21, 2010

FBM KLCI Futures >>> Market Overview

FBM KLCI Futures Firmer At Close
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed firmer on Wednesday in line with the uptrend on the cash market, dealers said.

The July 2010 and August 2010 contracts both added 7.5 points to 1,344.5 and 1,344.5 respectively. September 2010 increased 6.0 points to 1,343.0 while December 2010 went up 6.5 of a point to 1,343.5.

Volume was at 5,438 lots, higher than yesterday's 5,319 lots, while open interest increased to 21,046 contracts from 20,617 contracts previously.
On the cash market, the benchmark KLCI index ended 3.35 points higher at 1,341.02.

FKLI Recommendation
BUY ON DIPS

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