FBM KLCI Futures To Move In Tandem With Cash Market Next Week
KUALA LUMPUR, Jan 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives are expected to trade in line with the cash market next week, dealers said.
They said investors would be cautious ahead of the US presidential inauguration on Jan 20.
For the trading week just ended, the December 2024 contract expired on Tuesday at 1,641.5, new spot month January 2025 increased 9.0 points to 1,630.5, February 2025 stood at 1,635.0, March 2025 climbed 7.5 points to 1,618.0, and June 2025 picked up 6.0 points to 1,623.5.
Turnover fell to 41,378 lots from 129,684 lots in the previous week, while open interest declined to 42,706 contracts from 113,387 contracts previously.
On a Friday-to-Friday basis, the key index rose 1.32 points to 1,629.46 compared to 1,628.14 in the previous week.
-- BERNAMA