The FKLI contracts ended mixed Tuesday and closed at lower premiums ranging from 0.2 to 1.2 points to the underlying.The January contract closed at the day's lowest level of 1,300.5 points after easing 0.5 of a point, trimming its premium to the underlying to only 0.15 of a point from 3.01 points a day earlier. The contract opened 0.5 of a point higher at 1,301.5 points and moved to a high of 1,304.5 points during the day.
The February contract settled flat at 1,301.0 points, which is a premium of 0.65 of a point to the cash market against a premium of 3.01 points Monday. It opened 0.5 of a point higher at 1,301.5 points and traded between 1,300.5 and 1,304.5 points during the day.The March and June contract closed at 1,301.5 points after adding 2.0 and 1.0 point respectively, representing a premium of 1.15 points to the underlying.
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