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KLCI Futures Contracts Close Lower
Last update: 10/04/2017

KUALA LUMPUR, April 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts (FKLI) on Bursa Malaysia Derivatives ended lower today in sync with the cash market.

April 2017 fell six points to 1,743.5, May 2017 and June 2017 both eased five points to 1,742 and 1,743 respectively, while September 2017 was flat at 1,748.

Turnover fell to 3,264 lots from 9,058 lots on Friday, while open interest was lower at 34,809 contracts from 40,780 contracts.

The underlying benchmark FBM KLCI finished 2.2 points weaker at 1,739.52.



-- BERNAMA


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CLOSING, FRIDAY, JAN 18
US4.1100/1150
S'pore3.0301/0342
100 Yen3.7507/7559
Sterling5.3179/3248
Euro4.6842/6903
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Banker’s Cheque, Bank Draft and Cashier’s Order. Do you think this additional charge is justified?
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