Markets
China stock index futures close mixed -- April 15
(Xinhua)
Updated: 2011-04-15 16:56
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BEIJING - China's stock index futures closed mixed Friday with the contract for April, the most actively traded, down 0.35percent from the previous trading day to 3,340.6.
The May contract closed up 0.11 percent to 3,372.8 points. The June contract rose 0.11 percent to 3,388.2 points and the September contract climbed 0.2 percent to 3,429.2.
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.
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