BEIJING - China's stock index futures closed down on Sept 22 with the contract for October, themost actively traded, down 3.18 percent from the previous trading day to 2,684.4 points.
The November contract closed down 3.2 percent to 2,688.6 points. The December contract fell3.18 percent to 2,699.2 points, while the March contract for 2012 was down 3.22 percent tofinish at 2,717 points.
The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a preset valueon an agreed date, are designed to allow investors to bet on and profit from both gains anddeclines in the market.
The index futures was launched at the China Financial Futures Exchange (CFFEX) and startedtrading from April 16, 2010. The CFFEX has set the base value for all the four contracts at3,399 points.
Business-Markets-Garden
No comments:
Post a Comment