Markets > Futures

China Hushen 300 index futures close lower Monday

Xinhua News,BEIJING
2020-04-13 15:37

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BEIJING, April 13 (Xinhua) -- China's Hushen 300 index futures closed lower on Monday, with the contract for April 2020 down 0.36 percent to finish at 3,745 points.

The May 2020 contract lost 0.42 percent to close at 3,723.2 points. The June 2020 contract was down 0.51 percent to finish at 3,686 points. The September 2020 contract went down 0.52 percent to finish at 3,631 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 were 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.
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