This implies that as a result of decrease in price, a portfolio manager only managed to gain realized profit of RM 188,172,043 from selling physical shares. In other words, the KLCI index has fallen by 5.91%, which is equivalent to a decrease of RM 11,827,956.99.
This indicates that less revenue from selling physical shares but the losses can be reduced from RM 11,827,956.99 to only RM 8,981,157. In other words, futures profit of RM 2,846,800 can be used to cover falling revenue
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