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KLCI futures contract ends higher
Last update: 16/04/2018

KUALA LUMPUR, April 16†(Bernama) -- The FTSE Bursa Malaysia KLCI†(FBM KLCI) futures contract (FKLI) on Bursa Malaysia Derivatives ended higher today as sentiment in the futures market recovered.

Spot month April 2018 up 14 points to 1,885, May 2018 and June 2018 both added 12.5 points each to 1,879.5 and 1,876, respectively while September 2018 rose 13.5 points to 1,874.

Turnover improved to 4,967 lots from 3,746†lots on Friday and†open interest increased to 31,712 contracts from†30,334 contracts.

The†benchmark†FTSE Bursa Malaysia KLCI† up 10.29 points and†settled at†1,878.76.





US 4.0800/0850
S'pore 2.9770/9811
100 Yen 3.6523/6574
Sterling 5.3064/3146
Euro 4.7222/7292
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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