FKLI contracts ended lower but at reduced discounts
All KLCI Futures contracts ended lower again Monday but closed at reduced discounts ranging from 1.8 to 4.3 points to the underlying.
The January contract eased 0.5 of a point to 1,295.0 points, trimming its discount to 1.79 points to the underlying from 4.95 points last Friday. The contract opened 5.5 points lower at 1,290.0 points and traded between 1,289.0 and 1,295.5 points during the day.
The February contract closed 1.5 points lower at 1,293.5 points, which is a discount of 3.29 points to the cash market against a discount of 5.45 points last Friday. It opened 5.0 points lower at 1,290.0 points and traded between 1,288.5 and 1,294.5 points during the day.
The March contract dropped 2.0 points to 1,293.0 points, which is a discount of 3.79 points to the underlying, while the June contract eased 1.5 points to 1,292.5 points, representing a discount of 4.29 points to the underlying.
No comments:
Post a Comment