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FUTURES G. stock easier

Government stock con- . tracts were slightly easier yesterday as books were squared ahead of the release of the results of the latest Government stock tender today. - : The December contract slipped two points to 8724 (12.76 per cent) as physical rates firmed slightly. Bank bill futures slumped in line with rises in money market rates. The October contract was 12 points easier at 8580 (14.2 per cent). Dealers expect the contract to consolidate around present levels. On the Sydney Futures Exchange, the September share price index futures closed firmer at 1537 from 1533 previously as 975 contracts changed hands. JUS CONTRACTS Mth Open H/L Last Vol Oct 16147 166/147 6166 300 Dec 16351 351/351 6351 55 Contracts traded: 355. Open positions at September 28: Oct 525, Dec 45. total 570

(down 83). GOVERNMENT STOCK Mth Open H/L Last Vol Dec 8727 727/722 8724 791 Contracts traded: 791. Open positions at September 28: Dec 3869, total 3869 (up 214). 90-DAY BANK BILLS Mth Open H/L Last Vo) Oct 8590 590/580 580 55 Dec 8619 619/619 619 5 Contracts traded: 60. Open positions at September 28: Oct 704, Nov 36, Dec 750, Mar 134, Jun 38, Sep 7, total 1669 (same). SYDNEY ALL-ORDS (half-points omitted) Prev. Mth close H/L Last Vol Sep 1533 542/532 537 975 Dec 1530 542/528 534 831 Contracts traded: 1806. Open positions at September 28: 5342 (down 316). BARCLAYS SHARE INDEX Mth Open H/L Last Vol Sep 1953 954/950 1950 14 Dec 1978 980/978 1980 9 Contracts traded: 23. Open positions at September 28: Sep 77, Dec 72, total 149 (down 4).

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https://paperspast.natlib.govt.nz/newspapers/CHP19880930.2.110.19

Bibliographic details

Press, 30 September 1988, Page 19

Word Count
267

FUTURES G. stock easier Press, 30 September 1988, Page 19

FUTURES G. stock easier Press, 30 September 1988, Page 19

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