Arab Today, arab today china\s stock index futures open higher friday
Last Updated : GMT 12:45:25
Arab Today, arab today
Arab Today, arab today

China\'s stock index futures open higher Friday

Arab Today, arab today

Arab Today, arab today China\'s stock index futures open higher Friday

Beijing - XINHUA

China\'s stock index futures opened higher on Friday, with the contract for settlement in January 2013, the most actively traded, up 14.2 points to 2,542. The contract for settlement in February 2013 rose 8.8 points to 2,548.2, while the contract for settlement in March 2013 opened at 2,567, up 13 points. The contract for settlement in June 2013 opened 11 points higher at 2,589. The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a present 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 four contracts at 3,399 points.

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Arab Today, arab today china\s stock index futures open higher friday Arab Today, arab today china\s stock index futures open higher friday

 



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