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China stocks higher at close of trade; Shanghai Composite up 0.42%

Published 09/18/2015, 03:35 AM
Updated 09/18/2015, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.42%

© Reuters. China stocks higher at close of trade; Shanghai Composite up 0.42%

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 gained 0.42%, while the SZSE Component index climbed 1.14%.

The best performers of the session on the Shanghai Composite were Grand Orient (SS:600327), which rose 10.07% or 0.760 points to trade at 8.310 at the close. Meanwhile, Luyin Invest (SS:600784) added 10.06% or 0.680 points to end at 7.440 and Wuhu Port (SS:600575) was up 10.06% or 0.500 points to 5.470 in late trade.

The worst performers of the session were Huajing (SS:600886), which fell 10.02% or 1.490 points to trade at 13.380 at the close. Sanmao Group (SS:600689) declined 10.01% or 1.370 points to end at 12.320 and Aerospace Elec (SS:600879) was down 9.97% or 1.980 points to 17.870.

The top performers on the SZSE Component were Hefei Department Store Group Co Ltd (SZ:000417) which rose 10.07% to 8.31, Jiangsu Sihuan Bioengineering Co Ltd (SZ:000518) which was up 10.07% to settle at 4.92 and Ningbo Cixing (SZ:300307) which gained 10.02% to close at 10.43.

The worst performers were Yunnan Copper Co Ltd (SZ:000878) which was down 10.03% to 10.76 in late trade, Renhe Pharmacy Co Ltd (SZ:000650) which lost 10.03% to settle at 10.14 and Shaanxi Ligeance Mineral Resources Co Ltd (SZ:000697) which was down 10.01% to 22.20 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 775 to 180.

Shares in Wuhu Port (SS:600575) rose to 3-years highs; gaining 10.06% or 0.500 to 5.470.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 7.86% to 39.17.

Gold for December delivery was up 1.01% or 11.30 to $1128.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.08% or 0.51 to hit $46.40 a barrel, while the November Brent oil contract fell 0.50% or 0.24 to trade at $48.84 a barrel.

USD/CNY was down 0.05% to 6.3631, while EUR/CNY fell 0.16% to 7.2679.

The US Dollar Index was down 0.11% at 94.53.

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