Futures pick up
Interest rate ‘futures were mixed again yesterday on encouraging volume. The October bank bill contract slipped six points to 8567 as a high total of 521 lots were traded. The contract traded in a 5 point range. Government stock futures were also well traded as the December contract gained three points to 8718. A solid 803 lots were traded in anarrow four point range. On the Sydney Futures Exchange, the December share price index futures closed weaker at 1493 — a discount of more than 18 points to the physical market — from 1506 previously. About 1050 lots were traded. SUS CONTRACTS Mth Open H/L Last Vol Oct 16276 276/276 6276 15 Nov 16466 466/466 6466 1 Contracts traded: 16 Open positions at October 4:
Oct 447, Nov 15, Dec 100, total 562 (up 174). GOVERNMENT STOCK Mth Open H/L Last Vol Dec -8716 720/716 8718 803 Contracts traded: 803 Open positions at October 4: Dec 5112, total 5112 (up 608). SO-DAY BANK BILLS Mth Open H/L Last Vol Oct 8572 572/567 567 118 Nov 8590 590/590 590 5 Dec 8607 607/602 604 398 Contracts traded: 521 Open positions at October 4: Oct 749, Nov 66, Dec 870, Mar 134, Jun 38, Sep 7, total 1864 (un 142). SYDNEY ALL-ORDS (half-points omitted) Prev. Mth close H/L Last Vol Dec 1506 510/487 1493 1054 Contracts traded: 1054 Open positions at October 4: 2594 (up 259). BARCLAYS SHARE INDEX Mth Open H/L Last Vol Dec 1985 985/975 1975 24 Contracts traded: 24 Open positions at October 4: Dec 92, total 92 (down 12).
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Press, 6 October 1988, Page 30
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262Futures pick up Press, 6 October 1988, Page 30
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