China Hushen 300 index futures close lower Wednesday

BY  | FROM  | 2017-07-12 16:24

China's Hushen 300 index futures closed lower on Wednesday, with the contract for July 2017 down 0.91 percent to finish at 3,638.80 points.
The August 2017 contract lost 0.96 percent to close at 3,622.80 points. The September 2017 contract was down 1.02 percent to finish at 3,604.60 points. The December 2017 contract went down 0.95 percent to finish at 3,572.00 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.

    Related News

      Financial Times

    • Fed fears market misreading of guidance
    • The US Federal Reserve is keen to revamp its forward guidance about future interest rates but terrified of a market misunderstanding, according to the minutes of its September meeting


    • Asian shares rebound after Fed renews dovish credentials
    • Asian shares bounced back and the dollar fell on Thursday after minutes of the U.S. Federal Reserve's latest policy meeting showed policymakers have some concerns about downside risks to the global economy and the dol...


    • Nigeria succeeds at containing Ebola
    • People here are shaking hands again, kissing, hugging, touching. These days, shops are open, people are working, and children are finally going back to 
    Chinese Dictionary: