KLCI futures likely to trend lower next week

Publish date: Sat, 04 Jul 2015, 03:18 AM

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract (FKLI) on Bursa Malaysia Derivatives is likely to trend lower next week in tandem with the bearish outlook for the cash market, said a dealer.

The dealer said several factors will determine movements for the futures contract next week, including Greece's debt crisis and the movement of US dollar.

For the week just-ended, July 2015 shed 25.5 points to 1,724, September 2015 slipped 20 points to 1,715.50 and December 2015 fell 17.5 points to 1,712. Turnover for the week dropped to 56,269 lots from 94,629 lots last week while open interest fell to 42,282 contracts from 69,751 contracts previously.--BERNAMA

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914601117

of cuz lah. Everyone having fun with popcorn to watch the political cartoon

2015-07-04 12:36

HolyCrab

Post removed.Why?

2015-07-04 13:13

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