Markets

China stock index futures mixed-- July 2

(Xinhua)
Updated: 2010-07-02 16:25

BEIJING - China's stock index futures behaved mixed on Friday with the contract for July closing flat at 2,546 points.

Related readings:  China stock index futures down -- July 1  China stock index futures down -- June 29  China stock index futures down -- June 25  China stock index futures up -- June 24

The August contract lost 0.03 percent to end at 2,562 points. The September contract was up 0.09 percent to 2,581.6 and the December contract ended 0.29 percent higher at 2,637.

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.