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KLCI futures contract easier at mid-day
Last update: 13/03/2018

KUALA LUMPUR, March 13†(Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended the morning session easier†today, in sync with the subdued†underlying cash market.

At mid-day break, spot month March 2018 were 4.5 points weaker at 1,860.5, April 2018 declined three points to 1,860.00, June 2018 decreased five points†to 1,853.5†and September 2018 trimmed 5.5†points†to†1,852.

Turnover stood at 1,862†lots, with open interest at†27,191†contracts.

The underlying benchmark FBM KLCI ended the morning session 1.12†points easier†at 1,860.1.



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US 4.0470/0500
S'pore 2.9655/9688
100 Yen 3.5973/6010
Sterling 5.3574/3626
Euro 4.7285/7324
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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