FKLI Spot Outperform FBM KLCI
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures on Bursa Malaysia Derivatives closed mixed yesterday, dealers said.
At lunchbreak April 2011 was 4.5 points lower at 1516 and 4.77 point discount to the underlying cash index which closed lower by 7.15 point at 1520.77. Buying interest surfaced after the break and April 2011 made an impressive push to close the day in positive territory with a 1.97 point premium to booth.
April 2011 gained 3 points to 1,523.5 and May 2011 rose 2 points to 1,521.5 while June 2011 shed 1 point to 1,522.5 and September 2011 slipped 3 points to 1,520.
April 2011 traded throughout the day within a 17 points high / low range. The margin for open / close range was 11.5 points.Turnover declined to 7,566 lots from 8,107 lots on Monday while open interest decreased to 22,298 contracts from 22,678 previously.
On the cash market, the FBM KLCI declined 6.39 points to 1,521.53.
HAPPY TRADING
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