ZLBT Chats

Wednesday, January 27, 2010

FBM KLCI Futures Market Overviews

FKLI contracts tumbled, closed at discounts
All KLCI Futures contracts ended lower Wednesday and continued to close at discounts to the underlying, ranging from 4.8 to 7.8 points.

The January contract lost 17.0 points to 1,261.0 points, trimming its discount to 4.77 points to the underlying from 5.02 points Tuesday. The contract opened 1.0 point higher at 1,279.0 points and traded between 1260.5 and 1,280.5 points during the day.

The February contract tumbled 17.5 points to 1,259.0 points, which is a discount of 6.77 points to the cash market against a discount of 6.52 points a day earlier. It opened 0.5 of a point higher at 1,277.0 points and traded between 1,256.0 and 1,279.5 points during the day.

The March and June contract closed at 1,258.0 points after falling by 17.5 and 18.0 points respectively, representing a discount of 7.77 points to the underlying.

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