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FKLI Futures move in opposite direction to KLCI

lkoky
Publish date: Thu, 27 Dec 2018, 07:01 PM
lkoky
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As we all know, today (27-Dec-18) KLCI surged to close at 1690

 

However, the FKLI futures decided to move in completely opposite direction in the afternoon session. Does this suggesting the investors dont believe the current uptrend in KLCI can sustain into 2019? Any other suggestion out there?

 

 

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Discussions
Be the first to like this. Showing 4 of 4 comments

lizi

klci always tipu one..

2018-12-27 19:20

beso

yes， uptrend not sustainable

2018-12-27 19:21

bagan

Window dressing only, most 1730...

2018-12-27 19:26

Junichiro

Oil price dropped, CPO price dropped n will be banned by EU, corporate profits mostly dropped ...

When QE will implemented, US pressed down its long term rates n stocks, commodities in emerging markets went up..even Jibby boasted abt RM's strength.
The unwinding of QE means the opposite will happen. USD likely to continue its march upwards..US interest rates to rise..

What more do we expect ??

2018-12-27 20:03

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