LAST cose (July 18) 722.5 points, off 12.0 points from a week ago. Week’s high: 740.0 points: Week’s low: 712.5 points.
The Malaysia Derivatives Exchange (MDEX) KLCI futures prices advanced in early trading last week and attempted to re-tested its contract highs, but the move failed and prompted a strong wave of long-liquidation and speculative selling that pressure the market to close at its lowest point in two weeks. Weaker performances in the cash index and anticipation that the technical retreat could continue, encouraged a strong wave of selling on Friday.