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Thursday, February 4, 2010

FBM KLCI Futures >>> Market Overviews

FKLI Contract Months Closed Firmer
All KLCI Futures contracts ended higher Wednesday, rebounded strongly from the losses over the last two days.

The February contract gained 7.0 points to 1,268.0 points, reversing to a premium of 0.85 of a point to the underlying from Tuesday's discount of 0.16 of a point. The contract opened 7.0 points higher at 1,268.0 points and traded between 1263.0 and 1,270.5 points during the day.

The March contract closed 9.5 points higher at 1,267.5 points, which is a premium of 0.35 of a point to the cash market against a discount of 5.76 points a day earlier. It opened 7.5 points higher at 1,265.5 points and traded between 1262.0 and 1,269.5 points during the day.

The June and September contract closed at 1,266.0 points after rising 8.0 and 9.0 points respectively, representing a discount of 1.15 points to the underlying.

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