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China stocks higher at close of trade; Shanghai Composite up 0.08%

Published 09/11/2015, 03:35 AM
Updated 09/11/2015, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.08%

Investing.com – China stocks were higher after the close on Friday, as gains in the Gas, Water & Multiutilities, Software & Computer Services and Technology sectors led shares higher.

At the close in Shanghai, the Shanghai Composite added 0.08%, while the SZSE Component index gained 0.37%.

The best performers of the session on the Shanghai Composite were China Enter (SS:600675), which rose 10.07% or 0.720 points to trade at 7.870 at the close. Meanwhile, Yimin (SS:600824) added 10.05% or 0.760 points to end at 8.320 and Sh Trading (SS:600822) was up 10.05% or 1.000 points to 10.950 in late trade.

The worst performers of the session were Pharm Glass (SS:600529), which fell 10.02% or 1.720 points to trade at 15.440 at the close. Guangan (SS:600979) declined 10.02% or 0.830 points to end at 7.450 and Beijing Xinwei Telecom Technology Group Co Ltd (SS:600485) was down 10.01% or 2.930 points to 26.350.

The top performers on the SZSE Component were Hytera Communications Corp Ltd (SZ:002583) which rose 10.00% to 18.37, Invengo Information Technology Co Ltd (SZ:002161) which was up 10.00% to settle at 13.20 and Inspur Electronic Info Industr (SZ:000977) which gained 10.00% to close at 24.200.

The worst performers were Yunnan Copper Co Ltd (SZ:000878) which was down 10.02% to 16.08 in late trade, Vtron Technologies Ltd (SZ:002308) which lost 10.01% to settle at 20.310 and Zhangzidao Group Co Ltd (SZ:002069) which was down 6.32% to 13.49 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 651 to 305.

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Shares in Beijing Xinwei Telecom Technology Group Co Ltd (SS:600485) fell to 52-week lows; losing 10.01% or 2.930 to 26.350.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 4.61% to 49.02.

Gold for December delivery was down 0.08% or 0.90 to $1108.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.69% or 0.78 to hit $45.15 a barrel, while the October Brent oil contract fell 1.44% or 0.70 to trade at $48.19 a barrel.

USD/CNY was down 0.07% to 6.3727, while EUR/CNY rose 0.16% to 7.2050.

The US Dollar Index was down 0.16% at 95.39.

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