THE FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives opened lower today, despite the better performance of the underlying cash market.
At 9.41 am, spot month March 2020 eased 2.5 points to 1,463.5, April 2020 slid 1.5 points to 1,463.5, September 2020 was 3.0 points lower at 1,457 while June 2020 was flat at 1,462.0.
The benchmark FBM KLCI was 1.31 points better at 1,479.95 after 45 minutes of trading.
Gold futures contracts were untraded in early trade.
As of 9.30am, March 2020, April 2020, May 2020 and June 2020 were pegged at RM215.50, RM215.90, RM215.90 and RM215.95 per gramme, respectively.
Volume was nil, while open interest amounted to 129 contracts.
The price of physical gold was up RM5.13 to RM213.7 per gramme from RM208.61 per gramme at 5pm yesterday. – March 4, 2020, Bernama