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KLCI futures contract opens lower
Last update: 17/04/2018

KUALA LUMPUR, April 17†(Bernama) -- The FTSE Bursa Malaysia KLCI (FKLI) futures contract on Bursa Malaysia Derivatives was lower†in early trade today.

At 9.19†am, April 2018 eased three points to†1,882 as†May 2018 and†June 2018†each slid†one point†to 1,878.5 and 1,876.

Turnover stood at 941 lots, with†open interest†at 27,894 contracts.

The underlying benchmark FBM KLCI†was 0.39 of-a-point weaker at 1,878.37†after 30 minutes of†trading.



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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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