Last Close (Jan 3): 633.5 points, off 18.5 points from a week ago. Week’s high: 648.5 points: Week’s low: 627.6 points.
The Malaysia Derivatives Exchange (MDEX) KLCI futures prices were pressured sharply lower by long-liquidation and speculative selling and finally closed the week in the negative column. The weak performance of the cash KLCI and a generally bearish outlook for the early part of the year encouraged bullish traders to unwind earlier buying positions.
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