The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened lower this morning on Bursa Malaysia Derivatives, reflecting cautious sentiment in the market. As of 9:15 am, the August 2024 and September 2024 contracts both declined by 4.0 points to 1,605.0 and 1,586.5, respectively. The December 2024 contract fell by 5.5 points to 1,590.5, while the March 2025 contract slipped by 3.5 points to 1,577.5.
Turnover for these contracts amounted to 1,219 lots, with open interest standing at 41,332 contracts, indicating active participation but a bearish outlook in the market.
At 9:33 am, the FBM KLCI itself fell by 4.81 points to 1,601.85, down from Monday’s close of 1,606.66, continuing the downward trend seen in the futures market. This early decline suggests that investors are approaching the market with caution, possibly due to external pressures or domestic economic concerns.
