The KLCI Futures contracts ended generally higher Tuesday after surging more than ten points a day earlier. All contracts closed at discounts except the February contract.
The February contract closed at the day’s highest level of 1,270.0 points after rising 4.0 points, reversing its discount of 0.44 of a point to the underlying Monday to a premium of 3.57 points. The contract opened 2.5 points lower at 1,263.5 points and moved to a low of 1,262.0 points during the day.
The March contract closed 3.0 points firmer at 1,265.5 points, representing a discount of 0.93 of a point to the cash market against a discount of 3.44 points a day earlier. It opened 2.5 points weaker at 1,260.5 points and traded between 1,257.5 and 1,266.0 points during the day.
The June contract settled flat at 1,260.5 points, which is a discount of 5.93 points to the underlying, while the September contract closed 2.5 points higher at 1,254.0 points, representing a discount of 12.43 points to the underlying.
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