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KLCI futures contract closes lower
Last update: 06/12/2018

KUALA LUMPUR, Dec 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower today, tracking the easier underlying cash market.

December 2018 fell 8.5 points to 1,681.5, January 2019 slipped 6,5 points to 1,682.5, March 2019 declined seven points to 1,677 while June 2019 was eight points lower at 1,669.

Turnover, however, rose to 2,582 lots from 2,457 lots on Wednesday and open interest increased to 24,945 contracts versus 24,565 contracts previously.

The underlying benchmark FBM KLCI ended 4.93 points weaker at 1,683.34.

-- BERNAMA


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OPENING, MONDAY, DEC 17
US4.1840/1890
S'pore3.0405/0446
100 Yen3.6876/6930
Sterling5.2631/2698
Euro4.7296/7369
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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