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China stocks higher at close of trade; Shanghai Composite up 0.49%

Published 07/16/2015, 03:35 AM
Updated 07/16/2015, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.49%

Investing.com – China stocks were higher after the close on Thursday, as gains in the Travel & Leisure, Gas, Water & Multiutilities and Retailers sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.49%, while the SZSE Component index gained 1.86%.

The best performers of the session on the Shanghai Composite were Tengda Constr (SS:600512), which rose 10.10% or 0.400 points to trade at 4.360 at the close. Meanwhile, Tellhow (SS:600590) added 10.05% or 1.020 points to end at 11.170 and Sanxia Materia (SS:600293) was up 10.05% or 0.820 points to 8.980 in late trade.

The worst performers of the session were Zj Dongri (SS:600113), which fell 10.01% or 1.440 points to trade at 12.940 at the close. Yuguang (SS:600531) declined 10.01% or 1.880 points to end at 16.900 and Camel Group (SS:601311) was down 10.01% or 2.540 points to 22.840.

The top performers on the SZSE Component were Citic Offshore Helicopter Co Ltd (SZ:000099) which rose 10.04% to 15.02, Nanjing Red Sun Co Ltd (SZ:000525) which was up 10.04% to settle at 15.35 and Beijing Ultrapower Software (SZ:300002) which gained 10.03% to close at 13.71.

The worst performers were An Hui Wenergy Co Ltd (SZ:000543) which was down 10.00% to 15.57 in late trade, Shenzhen Deren Electronic Co Ltd (SZ:002055) which lost 10.00% to settle at 42.77 and AVCON Information Tech (SZ:300074) which was down 9.97% to 13.72 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 708 to 253.

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The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.29% to 32.14.

Gold for August delivery was down 0.17% or 1.90 to $1145.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.68% or 0.35 to hit $51.76 a barrel, while the September Brent oil contract rose 0.33% or 0.19 to trade at $57.31 a barrel.

USD/CNY was up 0.00% to 6.2093, while EUR/CNY fell 0.23% to 6.7828.

The US Dollar Index was up 0.17% at 97.45.

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