FKLI Contracts Closed Slightly Higher; All Months Slipped Into DiscountsAll KLCI Futures contracts ended higher Wednesday but turned to discounts ranging from 2.1 to 4.6 points to the underlying.
The January contract gained 2.5 points to 1,303.0 points, reversing its premium of 0.15 of a point Tuesday to a discount of 3.62 points. The contract opened 6.0 points higher at 1,306.5 points and traded between 1,302.0 and 1,307.0 points during the day.
The February contract closed 1.5 points higher at 1,302.5 points, which is a discount of 4.12 points to
the cash market against a premium of 0.65 of a point a day earlier. It opened 5.0 points higher at 1,306.0 points and traded between 1,302.0 and 1,306.5 points during the day.
The January contract gained 2.5 points to 1,303.0 points, reversing its premium of 0.15 of a point Tuesday to a discount of 3.62 points. The contract opened 6.0 points higher at 1,306.5 points and traded between 1,302.0 and 1,307.0 points during the day.
The February contract closed 1.5 points higher at 1,302.5 points, which is a discount of 4.12 points to
the cash market against a premium of 0.65 of a point a day earlier. It opened 5.0 points higher at 1,306.0 points and traded between 1,302.0 and 1,306.5 points during the day.The March contract closed 3.5 points higher at 1,304.5 points, which is a discount of 2.12 points to the underlying, while the June contract added 1.0 point to 1,302.0 points, representing a discount of 4.62 points to the underlying.
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