As we head into 2023, JustMarkets releases FTSE China A50 and Nifty 50 to its trading list to expand client trading opportunities.
Multi-asset online CFD broker, JustMarkets, continues to expand trading opportunities for clients by providing the most profitable and reliable trading tools to reduce risks and increase profits.
Therefore, formerly Justforex, the company has recently been pleased to announce the addition of two major indices: FTSE China A50 and Nifty 50, to the list of trading instruments, enabling clients to earn income from investing in the largest companies in India and China. Let's take a closer look at what trading opportunities those indexes offer:
FTSE China A50
The index offers the optimal balance between the representativeness and marketability of the Chinese stock market so that it can be used as a basis for exchange-traded and over-the-counter derivatives, mutual funds, and ETFs. Consisting of 50 companies, this stock market index emerged in 2003 due to the merger of the Shanghai Stock Exchange and the Shenzhen Stock Exchange, which allowed investors access to China's domestic market. The top representatives of the list are:
- Agricultural Bank of China;
- China International Travel Service;
- Kweichow Moutai;
- Ping An Insurance (Group) Company of China;
- Wuliangye Yibin.
Each company represented is strictly regulated under the supervision of the Qualified Foreign Institutional Investor, and Renminbi Qualified Foreign Institutional Investor.
Nifty 50
This index displays the scores of India's 50 most advanced companies from various sectors: engineering, industrial, pharmaceutical, energy, financial services, food, etc.
Created in 1996, Nifty 50 enables investors to make money from the price fluctuations of domestic companies in India. The Nifty 50 as an index is used for several purposes, such as tracking broader market movements, comparing fund portfolios, launching index funds, exchange-traded funds, and structured products. The top representatives of the list are:
- Oil and Natural Gas Corporation;
- Dr. Reddy's Laboratories;
- Nestlé India;
- Wipro;
- State Bank of India.
Each company files regular reports and is supervised by the Ministry of Finance, The Securities and Exchange Board of India, and The Reserve Bank of India.
See Also: JustMarkets Review