FTSE Bursa Malaysia KLCI Futures Rise in Tandem with Cash MarketFTSE Bursa Malaysia KLCI Futures Rise in Tandem with Cash Market The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, following the upward trend of the underlying cash market. All spot monthly contracts registered gains. The July 2024 contract rose 11.5 points to 1,633.5, while the August 2024 contract advanced 11.5 points to 1,637.0. The December 2024 contract gained 10.5 points to 1,628.0, and the September 2024 contract climbed 12.5 points to 1,621.0. Turnover declined from 13,121 to 9,754 lots, and open positions fell from 59,117 contracts to 57,979 contracts. The performance of the futures contract mirrors the positive sentiment in the cash market. At 5pm, the FBM KLCI gained 7.61 points (0.47%) to close at 1,629.68, up from Monday’s closing price of 1,622.07.
KUALA LUMPUR, July 23 (Bernama) – The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher, tracking the performance of the underlying cash market.
The July 2024, August 2024 and December 2024 spot monthly contracts rose 11.5 points to 1,633.5, 1,637.0 and 1,628.0 respectively, and September 2024 rose 12.5 points to 1,621.0.
Turnover fell from 13,121 to 9,754 lots, while open positions fell from 59,117 contracts yesterday to 57,979 contracts.
At 5pm, the FBM KLCI rose 7.61 points, or 0.47 percent, to 1,629.68, from Monday’s closing price of 1,622.07.
–BERNAMA
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