<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 2): The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed lower today, despite<br />positive performance of the cash market.</p></div>

<div class=newsTextDataWrapInner><p>Phillip Futures Sdn Bhd Dealer Tan Sek Wei said, late selling of index-linked stocks pushed the FBM KLCI futures spot month contract to close at negative territory.</p></div>

<div class=newsTextDataWrapInner><p>He said all Asian shares had mostly advanced today, despite the shutdown in the United States due to disagreements on public finances, as investors anticipated the shutdown to be short.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"In near term, we expect the FBM KLCI futures to move in consolidation mode, ahead of Malaysia's 2014 Budget. Trading is likely in the range of 1,750 and 1,790-point level," he added.</p></div>

<div class=newsTextDataWrapInner><p>At close, October 2013 lost 1.5 points to 1,768.5, and November 2013 declined 2.5 points to 1,768.5.<br />December 2013 and March 2014 lost three points each to 1,769.5 and 1,764, respectively.</p></div>

<div class=newsTextDataWrapInner><p>Turnover dwindled to 5,115 lots from yesterday's 7,965, while open interest fell to 44,707 contracts, from 46,939 contracts Tuesday.</p></div>

<div class=newsTextDataWrapInner><p>The underlying FBM KLCI closed 1.32 points higher, at 1,770.35.</p></div><div class=newsTextDataWrapInner><p><br /></p></div>

KUALA LUMPUR (Oct 2): The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed lower today, despitepositive performance of the cash market.

Phillip Futures Sdn Bhd Dealer Tan Sek Wei said, late selling of index-linked stocks pushed the FBM KLCI futures spot month contract to close at negative territory.

He said all Asian shares had mostly advanced today, despite the shutdown in the United States due to disagreements on public finances, as investors anticipated the shutdown to be short.

"In near term, we expect the FBM KLCI futures to move in consolidation mode, ahead of Malaysia's 2014 Budget. Trading is likely in the range of 1,750 and 1,790-point level," he added.

At close, October 2013 lost 1.5 points to 1,768.5, and November 2013 declined 2.5 points to 1,768.5.December 2013 and March 2014 lost three points each to 1,769.5 and 1,764, respectively.

Turnover dwindled to 5,115 lots from yesterday's 7,965, while open interest fell to 44,707 contracts, from 46,939 contracts Tuesday.

The underlying FBM KLCI closed 1.32 points higher, at 1,770.35.

KLCI futures close lower despite cash market's positive performance

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<p>KUALA LUMPUR (Nov 9):&nbsp;Petroleum Sarawak Bhd (PETROS),&nbsp;SoftBank Group Corp and Grab Holdings Ltd have entered into a joint development agreement (JDA) for US$1 billion in initial combined seed capital to develop AI infrastructure in Sarawak.</p>


<p>BENGALURU (Nov 9): The National Highway Traffic Safety Administration (NHTSA) on Monday said it opened a preliminary evaluation into more than 1.2 million Ford vehicles over the accidental deployment of seat-mounted side airbags that caused serious burn injuries.</p>


<p>MELAKA (Nov 9): Some 12,531 eligible early voters in the 16th Melaka State Election will cast their ballots across 31 gazetted early polling centres statewide on Tuesday (Nov 10).</p>


<p>A renewed wave of dip buying drove stocks to their best day since April in the wake of a technology selloff that had roiled Wall Street, with the market also gaining as oil prices sank.</p>


<p>&nbsp;Asian stocks were poised to track Wall Street higher as a rally in technology shares and a slump in oil prices drove US benchmarks to their best day in seven months.</p>
