All FKLI contracts closed lower and at discounts
All the KLCI Futures contracts ended lower Friday and closed at discounts ranging from 8.9 to 18.4 points to the underlying.
The February contract closed at the day’s lowest level of 1,244.5 points after losing 7.5 points, reversing its premium of 2.58 points to the underlying Thursday to a discount of 8.89 points. The contract opened flat at 1,252.0 points and moved to as high as 1,256.5 points during the day.
The March contract dropped 3.5 points to 1,242.5 points, which is the day’s lowest level, representing a discount of 10.89 points to the cash market against a discount of 3.42 points a day earlier. It however opened 2.0 points higher at 1,248.0 points and moved to as high as 1252.5 points during the day.
The June contract eased 2.0 points to 1,239.5 points, which is a discount of 13.89 points to the underlying, while the September contract closed 1.5 points weaker at 1,235.0 points, representing a discount of 18.39 points to the underlying.
No comments:
Post a Comment