THE three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts on Bursa Malaysia Derivatives closed lower yesterday, dealers said.
They said that investors remained on the sidelines as funds moved into riskier assets such as stocks due to optimism of a global economic recovery following the release of positive employment data in the United States.At close, June 2010 lost 0.08 point to 97.38, September 2010 declined 0.10 point to 96.98 and June 2013 went down 0.18 point to 94.94.
Turnover increased to 40 lots from 10 lots last Friday while open interest remained flat at 39,452 contracts, the same level as previously.The underlying three-month KLIBOR stood unchanged at 2.14 per cent.Meanwhile, the five-year Malaysian Government Securities securities were not traded throughout the day. - Bernama
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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