China stock index futures close higher -- Oct 8

Updated: 2013-10-08 16:46

(Xinhua)

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BEIJING -- China's stock index futures closed higher on Tuesday, with the contract for October, the most actively traded, up 1.31 percent from the previous trading day to 2,440 points.

The November contract rose 1.28 percent to 2,444.2. The December contract gained 1.15 percent to 2,446.2 points, while the March 2014 contract went up 1.11 percent to 2,465 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.

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