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China Hushen 300 index futures close mixed Tuesday

Xinhua, April 19, 2016 Adjust font size:

China's Hushen 300 index futures closed mixed on Tuesday, with the contract for June up 0.01 percent to finish at 3,148.2 points.

The September contract advanced 0.04 percent to close at 3,038.6 points. The December contract lost 0.2 percent to close at 2,955 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 either gains or 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 contracts at 3,399 points. Endi