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FTSE China A50 Futures Index outperforms global indices in December
THE FTSE China A50 Futures Index returned more than 30 per cent since the launch of the Shanghai-Hong Kong Stock Connect, said an SGX My Gateway report released on Friday.
It has rallied aggressively since Nov 17, chalking up a 36.36 per cent price change. This is in contrast to the S&P 500 Index (0.98 per cent), the FTSE 100 Index (-3.09 per cent) and the Hang Seng Index (-4.05 per cent)
The daily turnover of SGX China A50 Futures averaged US$4.6 billion in the first half of December; volatility of the index jumped to over 60 per cent this month, outpacing major international equity indices.
My Gateway is Singapore Exchange's investor education portal with market, product and investment information and events.