FBM KLCI Futures Decline Despite Strong Cash Market Performance

by Jennifer

KUALA LUMPUR, Aug 30 — The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives experienced a downturn this morning, even as the underlying cash market showed positive performance.

As of 9:30 AM, the August 2024 futures contract decreased by 2.5 points to 1,655.5. Similarly, the September 2024 and December 2024 futures contracts fell by 3.5 points each, settling at 1,634.5 and 1,641.0, respectively. The March 2024 futures contract also saw a decline, dropping 2.0 points to 1,628.5. Trading volume stood at 4,737 lots, with open interest totaling 55,570 contracts.

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By 9:40 AM, the FBM KLCI index itself had gained 6.31 points, reaching 1,659.86, compared to its previous close of 1,653.55 on Thursday.

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