FKLI Higher In Line With Strong Cash Market
THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contracts closed higher yesterday in line with the steadier cash market and overnight gains on Wall Street, dealers said.
THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contracts closed higher yesterday in line with the steadier cash market and overnight gains on Wall Street, dealers said.
August 2010 contract rose 16 points to 1,409.5, September 2010 gained 19 points to 1,409.5, December 2010 lifted 16.5 points to 1,408 and March 2011 rose 15 points to 1,408. Volume rose to 19,925 lots from 11,567 Wednesday while open interests added to 23,167 contracts from 19,459 contracts previously.
The FBM KLCI gained 11.03 points to close at 1,408.
FKLI Recommendation
Go SHORT at next rally
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