FKLI Tracks Cash Market
THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures on Bursa Malaysia Derivatives closed sharply lower yesterday in line with the weaker cash market, dealers said.
February 2011 slipped 31 points to 1,483.5, March 2011 declined 36.5 points to 1,476.5.
June 2011 fell 36 points to 1,476 and September 2011 lost 34 points to 1,476.
Turnover, however, rose to 25,310 lots from 20,266 lots on Wednesday, while open interests was higher at 29,114 contracts from 25,217 on Wednesday.
On the cash market, the FBM KLCI lost 21.24 points to end at 1,489.87.