All KLCI Futures contracts ended higher Thursday and turned to premiums ranging from 2.0 to 3.0 points to the underlying.The January contract gained 5.5 points to 1,267.0 points, reversing its discount of 4.77 points to the underlying Wednesday to a premium of 2.49 points. The contract opened 2.5 points higher at 1,264.0 points and traded between 1261.0 and 1,271.0 points during the day.
The February contract closed 8.5 points higher at 1,266.5 points, which is a premium of 1.99 points to the cash market against a discount of 6.77 points a day earlier. It opened 1.0 point higher at 1,259.0 points and traded between 1,258.5 and 1,268.0 points during the day.The March contract rose 9.0 points to 1,266.5 points, which is a premium of 1.99 points to the underlying, while the June 2010 contract closed 9.5 points higher at 1,267.5 points, representing a premium of 2.99 points to the underlying.
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