FKLI contracts ended higher with expanding premiumsAll KLCI Futures contracts ended higher Friday and closed at higher premiums ranging from 0.4 to 3.4 points to the underlying.
The January contract closed 5.0 points higher at 1,302.0 points, expanding its premium to the underlying to 3.42 points from 2.29 points a day earlier. The contract opened 3.0 points higher at 1,300.0
points and traded between 1,298.5 and 1,304.5 points during the day.The February contract rose 3.0 points to 1,300.5 points, which is a premium of 1.92 points to the cash market against a premium of 2.79 points Thursday. It opened 2.5 points higher at 1,300.0 points and traded between 1,298.5 and 1,304.0 points during the day.
The March contract closed 4.5 points higher at 1,300.5 points, which is a premium of 1.92 points to the underlying, while the June 2010 contract gained 3.0 points to 1,299.0 points, representing a premium of 0.42 of a point to the underlying.
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