Index futures can hold steady


LAST close (Jan 10) 644.6 points, up 11.1 points from a week ago. Week’s high: 645.4 points: Week’s low: 622.0 points. 

The Malaysia Derivatives Exchange (Mdex) KLCI futures prices rebounded sharply in late-trading following a lower trading session for most of the week. Speculative play and traders with knowledge ahead of the positive impact of the RM10bil strong Valuecap Sdn Bhd’s commencement announcements pushed the market to a 8 to 9-point premium over the cash index on Thursday ahead of the press release on Friday.  

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