China Hushen 300 index futures close lower Thursday
Xinhua,April 27, 2018 Adjust font size:
BEIJING, April 26 (Xinhua) -- China's Hushen 300 index futures closed lower on Thursday, with the contract for May 2018 down 2.12 percent to finish at 3,735.4 points.
The June contract lost 2.14 percent to close at 3,720 points. The September contract was down 2.16 percent to finish at 3,681.8 points. The December contract went down 2.05 percent to finish at 3,667 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.)