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KLCI Futures Contract Ends Easier
Last update: 13/02/2018

KUALA LUMPUR, Feb 13†(Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended easier today, in contrast with the underlying†cash market, due to lack of buying interest.

February 2018, March 2018 and June 2018 were each three points lower at 1,824.5, 1,823.0 and 1,820.5, respectively, while September 2018 fell one point to 1,818.5.

Turnover decreased to 4,994 lots from 6,180 lots on Monday†while†open interest fell†to 28,894 contracts from 29,488†contracts yesterday.

The underlying benchmark FBM KLCI†ended 2.85†points better†at 1,833.02.

-- BERNAMA


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CLOSING, THURSDAY, APRIL 19
US 3.8890/8920
S'pore 2.9694/9728
100 Yen 3.6214/6252
Sterling 5.5204/5263
Euro 4.8103/8144
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 Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 

 
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