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Friday, January 8, 2010

BURSA MALAYSIA >>> FBM KLCI Futures Overview

FKLI hits 1300; All contract months ended lower on profit taking
All KLCI Futures contracts ended lower Thursday. Most of the contracts remained at premiums, except that for June 2010.

The January 2010 contract closed 3.5 points lower at 1,293.0 points, trimming its premium to 1.58 points to the underlying from 4.83 points Wednesday. The contract however opened 5.5 points firmer at 1,298.5 points and traded between 1,291.0 and 1,300.5 points during the day.
The February 2010 contract lost 4.0 points to 1,293.5 points, representing a premium of 2.08 points. It opened at 1,298.0 points and traded between 1,291.5 and 1,301.0 points during the day.

The March 2010 contract closed 5.0 points lower at 1,292.5 points, which is a premium of 1.08 points to the underlying, while the June 2010 contract dropped 6.5 points to 1,291.0 points, representing a discount of 0.42 of a point to the underlying.

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