KLCI FUTURES TO TRADE SIDEWAYS NEXT WEEK

SITI RADZIAH HAMZAH

KUALA LUMPUR, Nov 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to trade sideways next week, tracking the performance of its underlying cash market.

A dealer said the local bourse was likely to trade on a cautious mode next week amid uncertainties in the external environment. 

On a Friday-to-Friday basis, November 2019 dipped 1,564.0, December 2019 declined 33.5 points to 1,565.5, March 2020 decreased 31.5 points to 1,564.5 and June 2020 trimmed 32 points to 1,563.5. 

Turnover surged to 97,225 lots from 29,885 lots last week, while open interest widened to 42,198 contracts from 35,570 contracts previously.

The FBM KLCI finished at 1,561.74 on Friday, down 22.03 points from 1,596.84 a week earlier.

-- BERNAMA