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KLCI FUTURES MAY SEE 20-30 PTS PREMIUM OVER KLSE NEXT WEEK.
KUALA LUMPUR, June 24 (Bernama) -- A 20 to 30 points premium on the Kuala Lumpur Composite Index (KLCI) futures contracts over the underlying Composite Index (CI) in the coming week could be a likely scenario, say analysts.
They believed that the KLCI futures market would have a positive week ahead on the back of a strong rebound in the cash market inspired by technical factors.
"Technical indicators suggest an imminent rebound in the cash market, significant enough to fetch between 830 and 870 points," one of them said.
Another added,"Support is assured very strongly at 800. Selling pressure did not …
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