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China stocks higher at close of trade; Shanghai Composite up 0.11%

Published 10/23/2017, 03:35 AM
Updated 10/23/2017, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.11%

© Reuters. China stocks higher at close of trade; Shanghai Composite up 0.11%

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

At the close in Shanghai, the Shanghai Composite added 0.11%, while the SZSE Component index climbed 0.60%.

The best performers of the session on the Shanghai Composite were Jiangsu Phoenix Property Investment Co Ltd (SS:600716), which rose 10.09% or 0.540 points to trade at 5.890 at the close. Meanwhile, CTS International Logistics Corp Ltd (SS:603128) added 10.04% or 1.090 points to end at 11.950 and Shanghai Material Trading Co Ltd A (SS:600822) was up 10.01% or 1.270 points to 13.960 in late trade.

The worst performers of the session were Shanghai Jielong Industry Group Corp Ltd (SS:600836), which fell 7.08% or 0.510 points to trade at 6.690 at the close. Zhengzhou Yutong Bus Co Ltd (SS:600066) declined 5.49% or 1.40 points to end at 24.08 and Zhejiang Three Stars New Materials Co Ltd (SS:603578) was down 4.96% or 2.07 points to 39.63.

The top performers on the SZSE Component were Holitech Technology Co Ltd (SZ:002217) which rose 10.04% to 11.950, Beijing New Building Materials Public Ltd Co (SZ:000786) which was up 10.01% to settle at 24.07 and Livzon Pharmaceutical Group Inc (SZ:000513) which gained 8.27% to close at 64.40.

The worst performers were Csg Smart Science&Technology Co Ltd (SZ:300222) which was down 5.26% to 25.58 in late trade, Faw Car Co Ltd (SZ:000800) which lost 4.95% to settle at 12.66 and Shanxi Baiyuan Trousers Chain Management Co Ltd (SZ:002640) which was down 4.28% to 21.92 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 814 to 448 and 74 ended unchanged.

Shares in Holitech Technology Co Ltd (SZ:002217) rose to 52-week highs; rising 10.04% or 1.090 to 11.950. Shares in Beijing New Building Materials Public Ltd Co (SZ:000786) rose to all time highs; up 10.01% or 2.19 to 24.07. Shares in Livzon Pharmaceutical Group Inc (SZ:000513) rose to 52-week highs; up 8.27% or 4.92 to 64.40.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.65% to 17.33.

Gold Futures for December delivery was down 0.31% or 4.02 to $1276.48 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.62% or 0.32 to hit $52.16 a barrel, while the December Brent oil contract rose 0.26% or 0.15 to trade at $57.90 a barrel.

USD/CNY was up 0.24% to 6.6358, while EUR/CNY fell 0.01% to 7.7983.

The US Dollar Index Futures was up 0.19% at 93.75.

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