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KLCI futures opens higher ahead of stimulus announcement
Last update: 27/03/2020

KUALA LUMPUR, March 27  -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives was higher at the opening, tracking the index’s performance ahead of stimulus package announcement later today.

At 9.30 pm, spot month March 2020 added 13.0 points to 1,335.00, April 2020 rose 16.0 points to 1,330.0, June 2020 was 16.50 points higher at 1,324.0 and September 2020 leaps 12.5 points to 1,315.0.

Turnover stood at 8,214 lots with open interest at 35,047 contracts. 

The benchmark FBM KLCI went up 14.50 points to 1,342.59 after 30 minutes of trading. 





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100 Yen 4.0416/0567
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Not sure
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