Index futures likely to see choppy swings


Last Close (June 6): 690.8 points, up 11.8 points from a week ago. Week’s high: 694.0 points; Week’s low: 674.0 points. 

The Malaysia Derivatives Exchange (MDEX) KLCI futures prices trended higher on fresh buying interest after having been locked in narrow band trading in the early sessions. Prices finally settled the week with strong gains. Light short-covering and speculative buying towards late week lifted the market to its life-of-contract highs. 

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