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China Hushen 300 index futures close higher Monday

Xinhua,March 26, 2018 Adjust font size:

BEIJING, March 26 (Xinhua) -- China's Hushen 300 index futures closed higher on Monday, with the contract for April 2018 up 1.41 percent to finish at 3,854 points.

The May 2018 contract gained 1.39 percent to close at 3,838.8 points. The June 2018 contract was up 1.38 percent to finish at 3,798.2 points. The September 2018 contract went up 1.52 percent to finish at 3,773.4 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 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. Enditem

(This article is generated by Xinhua News Robot.)

 

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