FKLI Goes Premium
The FKLI contracts ended higher despite a softer performance on the cash market yesterday.
Late buying interest in selected heavyweights lifted the FBM KLCI by 2.72 points to close at 1,469.69
September 2010 gained 5.5 points to 1,475.5, October 2010 rose 5.5 points to 1,476, December 2010 gained 8.5 points to 1,476.5 and March 2011 rose 8.5 points to 1,476.5.Turnover was lower at 4,478 lots from 7,432 lots last Friday while open interest was higher at 22,312 contracts from 21,472 previously.
CAVEAT VENDITOR
Sellers, U had been warned!
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