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China stocks higher at close of trade; Shanghai Composite up 0.05%

Stock MarketsJan 23, 2019 02:35AM ET
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© Reuters. China stocks higher at close of trade; Shanghai Composite up 0.05%

Investing.com – China stocks were higher after the close on Wednesday, as gains in the Telecoms, Mobile and Media sectors led shares higher.

At the close in Shanghai, the Shanghai Composite added 0.05%, while the SZSE Component index climbed 0.09%.

The best performers of the session on the Shanghai Composite were Zhongnongfa Seed Industry Group Co Ltd (SS:600313), which rose 10.13% or 0.240 points to trade at 2.610 at the close. Meanwhile, Beijing Dynamic Power Co Ltd (SS:600405) added 10.11% or 0.460 points to end at 5.010 and Hongda (SS:600331) was up 10.11% or 0.280 points to 3.050 in late trade.

The worst performers of the session were Xinjiang Winka Times Department Store Co Ltd (SS:603101), which fell 10.00% or 1.510 points to trade at 13.590 at the close. Wintime Energy Co Ltd (SS:600157) declined 9.80% or 0.200 points to end at 1.840 and GuangYuYuan Chinese Herbal Medicine Co Ltd (SS:600771) was down 9.13% or 2.460 points to 24.470.

The top performers on the SZSE Component were Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which rose 10.09% to 6.44, Hongda Xingye Co Ltd (SZ:002002) which was up 10.06% to settle at 3.61 and Tongding Interconnection Information (SZ:002491) which gained 10.01% to close at 8.90.

The worst performers were Shandong Realcan Pharmaceutical Co Ltd (SZ:002589) which was down 8.46% to 5.95 in late trade, Beijing E Hualu Info Tech (SZ:300212) which lost 6.40% to settle at 19.30 and Jiangsu Kangde Xin Composite Material Co Ltd (SZ:002450) which was down 4.98% to 5.73 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 721 to 672 and 86 ended unchanged.

Shares in GuangYuYuan Chinese Herbal Medicine Co Ltd (SS:600771) fell to 52-week lows; falling 9.13% or 2.460 to 24.470. Shares in Shandong Realcan Pharmaceutical Co Ltd (SZ:002589) fell to 5-year lows; falling 8.46% or 0.55 to 5.95. Shares in Beijing E Hualu Info Tech (SZ:300212) fell to 52-week lows; falling 6.40% or 1.32 to 19.30. Shares in Jiangsu Kangde Xin Composite Material Co Ltd (SZ:002450) fell to 5-year lows; falling 4.98% or 0.30 to 5.73.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.96.

Gold Futures for February delivery was up 0.09% or 1.15 to $1284.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.40% or 0.21 to hit $53.22 a barrel, while the March Brent oil contract rose 0.46% or 0.28 to trade at $61.78 a barrel.

USD/CNY was down 0.29% to 6.7873, while EUR/CNY fell 0.21% to 7.7154.

The US Dollar Index Futures was down 0.01% at 95.953.

China stocks higher at close of trade; Shanghai Composite up 0.05%
 

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