FUTURES
The Barclays share price index (BSD contract put in a bullish performance in futures trading yesterday but the interest rate contracts were subdued. The September BSI weakened initially then climbed for the rest of the day to finish on its high up 30 points at 2455, said one trader. Volume at 121 lots was good with noticeable buying out of Wellington. With the premium to
the physical improving 10 points to 95, the BSI was looking positive. The contract’s intermediate-term uptrend was intact, the trader said. The interest rate contracts weakened on poor volume. Volume in the September Government stock contract (GSC) was exaggerated as one player crossed 835 lots. The September GSC finished off 2 points at 8805 (11.95 per cent).
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Press, 30 August 1989, Page 43
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123FUTURES Press, 30 August 1989, Page 43
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