China stock index futures close down -- Sept 26
Updated: 2011-09-26 17:10
(Xinhua)
|
|||||||||||
BEIJING -- China's stock index futures fell on Sept 26 with the contract for October, the most actively traded, down 2.07 percent from the previous trading day to 2,605.4 points.
The November contract closed down 2.16 percent to 2,609.2 points. The December contract fell 2.33 percent to 2,610.4 points, while the March contract for 2012 was down 2.22 percent to finish at 2,640.2 points.
The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a preset value on an agreed date, are designed to allow investors to bet on and profit from both gains and declines in the market.
The index futures was launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points.
Related Stories
China stock index futures close down - Sept 23 2011-09-23 16:40
China's stocks continue to fall amid global slump 2011-09-23 15:44
ChiNext Index closes down - Sept 23 2011-09-23 16:42
- China issues growth plan for SMEs
- Sinohydro aims to raise $2.3b in Shanghai IPO
- Draft law for mandated warranties released
- Slower GDP growth in Q4 predicted
- VW again raises stakes with record investment
- Sky's the limit for owners of private jets
- McDonald's licensed for expansion
- Beijing's 2nd-hand home sales drop to 3-yr low
