Markets

China stock index futures down - June 10

(Xinhua)
Updated: 2010-06-10 16:19

BEIJING: China's stock index futures declined Thursday with the contract for June, the most actively traded, down 0.59 percent from the previous trading day to end at 2,769.6 points.

The July contract fell 0.5 percent to 2,786 points. The September contract was down 0.35 percent to 2,817 and the December contract dropped 0.34 percent to 2,851.

Related readings:  China stock index futures up -- June 9  China stock index futures up -- June 8  China stock index futures down -- June 7

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 (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points.