China stock index futures close lower - Dec 9
Updated: 2011-12-09 16:55
(Xinhua)
|
|||||||||||
BEIJING - China's stock index futures closed lower on Friday with the contract for December, the most actively traded, down 0.98 percent from the previous trading day to 2,510.8 points.
The January 2012 contract dropped 1.02 percent to 2,514.6 points. The March 2012 contract dropped 1.02 percent to 2,533.4 points, while the June 2012 was down 0.89 percent to finish at 2,551.6 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 up - Dec 1 2011-12-01 16:31
China stock index futures close down -- Nov 30 2011-11-30 16:36
China stock index futures close up -- Nov 28 2011-11-28 16:18
China stock index futures close down -- Nov 25 2011-11-25 17:01
- Chinese shares close lower after data release
- Passengers prepare for annual peak
- Home appliance sales in rural China up 66% in Nov
- Collective wage talks promoted
- Good things in store for Chinese life insurers
- Dotcom could fall into disuse
- Global supermarkets conquer China
- China's Nov CPI up 4.2%, PPI up 2.7%
