Thursday, December 8, 2016

How to trade FTSE Bursa Malaysia KLCI Futures ( FKLI ) 08122016


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#klci
Bursa Malaysia extended its encouraging momentum to mid-morning today, lifted by buying activities in index-linked counters led by trade and services.
At 11 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 5.32 points to 1,637.79 from Wednesday's close of 1,632.47, after opening 6.92 points better at 1,639.39.
On the broader market, gainers edged decliners 252 to 193, while 318 counters were unchanged, 936 untraded and 24 others suspended.
Turnover stood at 349.26 million shares worth RM311.61 million.
Kenanga Research, however, said in a note the FBM KLCI still lacks impetus for a near-term recovery and expects it to remain directionless with a downside bias.
Among heavyweights, Petronas Chemicals and MISC perked three sen to RM6.88 and RM7.32 respectively, Maybank and Public Bank were flat at RM7.89 and RM19.64, while TNB trimmed two sen to RM13.96.

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