FRIDAY'S sell-off in Hang Seng Index futures continued yesterday, with 45 points coming off the December contract to 9,820.
January futures fell 35 points to 9,890. Both contracts slumped more than 100 points last Friday.
The December contract lost ground in early trading, falling from an opening of 9,890 to 9,800 before 10.30 am.
The low of the day was near the lunch close at 9,792. The high was the opening.
In all, there were 18,311 contracts traded in activity boosted by roll-overs from December to January. There were 13,823 contracts traded in December and 4,488 dealt in January.
Open interest for Friday saw 33,372 contracts in December and 6,968 in January. In March 1996 there were 172 contracts and in June there were 745.
Index options saw 2,522 lots traded.