Markets

China stock index futures close mixed - Sept 29

(Xinhua)
Updated: 2010-09-29 16:40

BEIJING - China's stock index futures closed mixed Wednesday with the contract for October, the most actively traded, up 0.05 percent from the previous trading day to end at 2,894.2 points.

Related readings:  China stock index futures close down -- Sept 28  China stock index futures close up -- Sept 27  China stock index futures close down -- Sept 21  China stock index futures close mixed -- Sept 20

The November contract went up 0.11 percent to 2,905.8 points. The December contract rose 0.04 percent to 2,917 points but the March 2011 contract dropped 0.09 percent to 2,957.4 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.