Hang Seng Index Night Futures Close: July Contract Settles Higher, Premium to Spot Widens

Stock News06:19

The July contract for the Hang Seng Index night futures closed at 24,829 points on July 16, marking a gain of 172 points or 0.698%. This represents a premium, or 'high water' mark, of 148 points over the underlying spot index.

The total number of open contracts declined by 21,477 to settle at 127,454 contracts. The net number of open contracts also decreased, falling by 890 to reach 51,181 contracts.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment