All the KLCI Futures contracts including the new June next year contract closed at premiums Monday despite the sluggish cash market in the light of the bearish global and regional bourses.The November contract was unchanged at 1,245.5 points, expanding its premium to the underlying to 3.74 points from 2.27 points Friday.
The contract opened 9.5 points lower at 1,236.0 points in line with the plunge on Wall Street over the weekend and traded between 1,232.5 and 1,247.0 points during the day.
The December contract rose 3.0 points to 1,248.0 points, widening its premium to the cash market to 6.24 points from 1.77 points Friday. The March 2010 contract added 1.5 points to 1,246.5 points, representing a premium of 4.74 points.
The new June 2010 contract closed at 1,245.0 points which is a premium of 3.24 points to the underlying. The contract traded between 1,234.0 and 1,235.0 points during the day.
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