Futures expected to trend slightly higher

LAST close (March 28): 625.0 points, up 1.9 points from a week ago. Week’s high: 625 points; Week’s low: 613 points 

The Malaysia Derivatives Exchange (MDEX) CI futures prices eased in early trading and rebounded on light technical buying to close the week with small gains. Firmer cash index towards late week and talks that the Malaysian economic stimulus package due for release this week would be supportive of the market encouraged earlier shorts to exit the market.