Please try another search
Investing.com – China stocks were mixed after the close on Thursday, as gains in the Banking, Financials and Life Insurance sectors led shares higher while losses in the Software & Computer Services, Technology and Retailers sectors led shares lower.
At the close in Shanghai, the Shanghai Composite added 0.76% to hit a new 3-years high, while the SZSE Component index fell 0.21%.
The best performers of the session on the Shanghai Composite were Hongxing Steel (SS:600307), which rose 10.06% or 0.640 points to trade at 7.000 at the close. Meanwhile, Ningbo Fuda (SS:600724) added 10.05% or 1.080 points to end at 11.830 and Xinji Energy (SS:601918) was up 10.04% or 1.180 points to 12.930 in late trade.
The worst performers of the session were Beida Jade Bir (SS:600076), which fell 7.81% or 1.420 points to trade at 16.770 at the close. Deluxe Family (SS:600503) declined 7.58% or 1.960 points to end at 23.910 and Dawning Information (SS:603019) was down 7.58% or 11.12 points to 135.51.
The top performers on the SZSE Component were BYD Co Ltd (SZ:002594) which rose 10.00% to 83.60, Shanxi Xishan Coal and Electricity Power Co Ltd (SZ:000983) which was up 9.99% to settle at 10.79 and Bank of Ningbo Co Ltd (SZ:002142) which gained 4.72% to close at 22.19.
The worst performers were Zhejiang Dahua Technology Co Ltd (SZ:002236) which was down 3.90% to 42.19 in late trade, Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which lost 3.42% to settle at 98.49 and Iflytek Co Ltd (SZ:002230) which was down 3.34% to 55.28 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 595 to 356.
Shares in Hongxing Steel (SS:600307) rose to 3-years highs; up 10.06% or 0.640 to 7.000. Shares in Ningbo Fuda (SS:600724) rose to all time highs; rising 10.05% or 1.080 to 11.830. Shares in Xinji Energy (SS:601918) rose to 3-years highs; gaining 10.04% or 1.180 to 12.930. Shares in BYD Co Ltd (SZ:002594) rose to all time highs; gaining 10.00% or 7.60 to 83.60. Shares in Shanxi Xishan Coal and Electricity Power Co Ltd (SZ:000983) rose to 52-week highs; up 9.99% or 0.98 to 10.79. Shares in Bank of Ningbo Co Ltd (SZ:002142) rose to 52-week highs; up 4.72% or 1.00 to 22.19.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.29% to 29.87.
Gold for August delivery was down 0.28% or 3.30 to $1181.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.46% or 0.28 to hit $59.37 a barrel, while the July Brent oil contract fell 0.38% or 0.24 to trade at $63.56 a barrel.
USD/CNY was up 0.08% to 6.2025, while EUR/CNY fell 0.22% to 6.9719.
The US Dollar Index was up 0.28% at 95.62.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.