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Spot contract to extend consolidation.
(From Business Times (Malaysia))
Byline: BERNARD ..HL: Spot contract to extend consolidation ..ZO: B-ALL ..LE: 512 ..PG: 10 ..PU: BT ..TX: THE March contract on Bursa Malaysia Derivatives Bhd ended lower at 877 points last Friday. Average volume transacted for the active contract was higher at 4
THE March contract on Bursa Malaysia Derivatives Bhd ended lower at 877 points last Friday. Average volume transacted for the active contract was higher at 4,275 contracts. Open interest was, however, smaller at 12,178 contracts. The inverted saucer pattern has landed. It brought with it a bearish plague, which swept the spot contract to 861.50, much lower than our …
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