China stock index futures close higher - April 16
Updated: 2013-04-16 16:24
(Xinhua)
|
|||||||||||
BEIJING - China's stock index futures closed higher on Tuesday, with the contract for April, the most actively traded, up 0.67 percent from the previous trading day to 2,450 points.
The contract for settlement in May gained 0.63 percent to 2,449.6. The June contract rose 0.64 percent to 2,443.6 points, while the September contract went up 0.61 percent to 2,452 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 both gains and declines in the market.
The index futures was launched at the China Financial Futures Exchange and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points.
Related Stories
China stock index futures open lower - April 16 2013-04-16 10:30
China stock index futures close lower - April 15 2013-04-15 16:23
China stock index futures open lower - April 15 2013-04-15 11:32
China stock index futures close lower - April 12 2013-04-12 17:10
China stock index futures open mixed - April 12 2013-04-12 11:07
China stock index futures close lower - April 11 2013-04-11 16:59
Today's Top News
Police continue manhunt for 2nd bombing suspect
H7N9 flu transmission studied
8% growth predicted for Q2
Nuke reactor gets foreign contract
First couple on Time's list of most influential
'Green' awareness levels drop in Beijing
Palace Museum spruces up
Trading channels 'need to broaden'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |
Firms crave cyber connection |