FTSE China A50 futures turn higher on October 9 after falling more than 1%
In short
FTSE China A50 index futures turned higher on October 9 after at one point falling more than 1%, CLS and Jiemian reported. On October 8 the futures rose 1% and later fell 1%, according to CLS, Yicai and Jiemian.
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FTSE China A50 index futures turned higher on October 9 after at one point falling more than 1%, CLS and Jiemian reported. CLS said the futures had opened roughly flat that day and were down 0.27%, after the previous trading day's night session closed down 0.29%, and later reported that the decline had widened to 1%. [ 13 , 14 , 15 , 16 ]
On October 8 the futures opened lower and were down 0.19% after the previous night session closed down 0.13%, according to CLS and Jiemian. CLS and Yicai then reported a 1% rise. CLS later reported that the futures fell 1% in the afternoon after at one point rising more than 1%, and Yicai and Jiemian also reported a 1% fall. [ 6 , 7 , 8 , 9 , 10 , 11 , 12 ]
The futures opened up 0.2% on October 5, according to CLS and Jiemian. On October 6 they opened lower after the previous night session closed up 0.42% and were up 0.35%, both outlets reported. On October 7 CLS reported a lower open and a 0.09% gain after a night-session close up 0.12%. [ 1 , 2 , 3 , 4 , 5 ]
Why it matters
Business outlets CLS, Jiemian and Yicai reported the futures' opening levels and intraday moves several times a day from October 5 to October 9, including moves of about 1% in both directions. The documents give no reasons for the moves.
Key facts
- On October 5 FTSE China A50 index futures opened up 0.2%. [ 1 , 2 ]
- On October 6 the futures opened lower after the previous trading day's night session closed up 0.42%, and were up 0.35%. [ 3 , 4 ]
- On October 7 the futures opened lower after the previous night session closed up 0.12%, and were up 0.09%. [ 5 ]
- On October 8 the futures opened lower after the previous night session closed down 0.13%, and were down 0.19%. [ 6 , 7 ]
- On October 8 the futures' gain reached 1%, and they later fell 1%. [ 8 , 9 , 10 , 11 , 12 ]
- On October 9 the futures opened roughly flat after the previous night session closed down 0.29%, and were down 0.27%. [ 13 ]
- On October 9 the futures' decline widened to 1%, and they later turned higher after at one point falling more than 1%. [ 14 , 15 , 16 ]
Confirmed by several sources
- FTSE China A50 index futures opened up 0.2% on October 5. [ 1 , 2 ]
- On October 6 the futures opened lower after a night-session close up 0.42%, and were up 0.35%. [ 3 , 4 ]
- On October 8 the futures opened lower after a night-session close down 0.13%, and were down 0.19%. [ 6 , 7 ]
- The futures rose 1% on October 8. [ 8 , 9 ]
- The futures fell 1% on October 8. [ 10 , 11 , 12 ]
- On October 9 the futures turned higher after at one point falling more than 1%. [ 15 , 16 ]
Still unclear
- Why the futures moved as they did. None of the reports gives a reason for the moves.
- The October 7 and October 9 opening levels. Only CLS reported these figures.
- Where the futures closed each day. The reports cover opening levels and intraday moves, not closing levels for the day sessions.
What local media are saying
Timeline, local time
- October 5: FTSE China A50 index futures open up 0.2%. [ 1 , 2 ]
- October 6: the futures open lower after a night-session close up 0.42%, and are up 0.35%. [ 3 , 4 ]
- October 7: the futures open lower after a night-session close up 0.12%, and are up 0.09%. [ 5 ]
- October 8: the futures open lower after a night-session close down 0.13%, and are down 0.19%. [ 6 , 7 ]
- October 8: the futures' gain widens to 1%. [ 8 , 9 ]
- October 8: the futures fall 1% in the afternoon after at one point rising more than 1%. [ 10 , 11 , 12 ]
- October 9: the futures open roughly flat after a night-session close down 0.29%, and are down 0.27%. [ 13 ]
- October 9: the futures' decline widens to 1%. [ 14 ]
- October 9: the futures turn higher after at one point falling more than 1%. [ 15 , 16 ]