All KLCI Futures contracts had their discounts trimmed
All the KLCI Futures contracts ended marginally higher Friday and trimmed their respective discounts to the underlying.
The December contract rose 2.0 points to 1,256.0 points, its lowest level for the day. Its discount to the cash market was reduced to 4.00 points from 5.90 points Thursday. The contract opened 3.5 points firmer at 1,257.5 points and moved to a high of 1,260.5 points during
the day.
The January 2010 contract added 1.5 points to 1,256.0 points, trimming its discount to the underlying to 4.00 points from 4.90 points a day earlier. It traded between 1,255.5 and 1,260.0 points during the day.
The March and June 2010 contracts both closed at 1,257.0 points, which is a discount of 3.00 points, after rising 4.0 points and 3.0 points respectively.
All the KLCI Futures contracts ended marginally higher Friday and trimmed their respective discounts to the underlying.The December contract rose 2.0 points to 1,256.0 points, its lowest level for the day. Its discount to the cash market was reduced to 4.00 points from 5.90 points Thursday. The contract opened 3.5 points firmer at 1,257.5 points and moved to a high of 1,260.5 points during
the day.The January 2010 contract added 1.5 points to 1,256.0 points, trimming its discount to the underlying to 4.00 points from 4.90 points a day earlier. It traded between 1,255.5 and 1,260.0 points during the day.
The March and June 2010 contracts both closed at 1,257.0 points, which is a discount of 3.00 points, after rising 4.0 points and 3.0 points respectively.
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