ZLBT Chats

Thursday, April 28, 2011

FBM KLCI Futures Closed In Discount To Cash Market

FKLI Closed Weaker Whilst FBM KLCI Closed Firmer
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower yesterday.
Spot month April 2011 traded within a Hi / Lo range of 17 points.
Open / Close traded with a -8.00 points range.
After opening 4 points higher, April 2011 shed 4.5 points to close lower at 1526.5. May 2011 also dipped 4.5 points lower at 1526.5 while June 2011 lost 3.5 points to 1,526.5 and September 2011 declined 2 points to 1,524.0.
Turnover for all months contract increased to 23,877 lots from 22,213 lots recorded on Wednesday with April recording a lower volume of 12756 against 13145 previous session. Open interest was higher at 31,743 contracts compared to 23,027 previously.

On the cash market, the FBM KLCI was up 2.57 points to 1,529.91.

HAPPY TRADING

No comments:

Post a Comment