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China stocks higher at close of trade; Shanghai Composite up 0.13%

Published 11/01/2018, 03:35 AM
Updated 11/01/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.13%

Investing.com – China stocks were higher after the close on Thursday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares higher.

At the close in Shanghai, the Shanghai Composite rose 0.13%, while the SZSE Component index gained 1.14%.

The best performers of the session on the Shanghai Composite were Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd (SS:600425), which rose 10.13% or 0.310 points to trade at 3.370 at the close. Meanwhile, Ningbo Techmation Co Ltd (SS:603015) added 10.07% or 0.590 points to end at 6.450 and Beijing AriTime Intelligent Control Co Ltd (SS:600560) was up 10.07% or 0.690 points to 7.540 in late trade.

The worst performers of the session were Zhejiang Shenghua Biok Biology Co Ltd (SS:600226), which fell 10.00% or 0.410 points to trade at 3.690 at the close. Jiangsu SINOJIT Wind Energy Technology Co Ltd (SS:601218) declined 8.52% or 0.260 points to end at 2.790 and Hunan Huasheng Co Ltd (SS:600156) was down 5.66% or 0.280 points to 4.670.

The top performers on the SZSE Component were Zhejiang Semir Garment Co Ltd (SZ:002563) which rose 10.06% to 8.75, Csg Smart Science&Technology Co Ltd (SZ:300222) which was up 10.00% to settle at 16.28 and Yifan Xinfu Pharmaceutical Co Ltd (SZ:002019) which gained 9.49% to close at 11.08.

The worst performers were Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which was down 10.03% to 13.28 in late trade, Guangdong Homa Appliances Co Ltd (SZ:002668) which lost 9.95% to settle at 8.60 and Henan Shuanghui Investment & Development Co Ltd (SZ:000895) which was down 3.73% to 21.70 at the close.

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Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 723 to 638 and 108 ended unchanged.

Shares in Zhejiang Shenghua Biok Biology Co Ltd (SS:600226) fell to 3-years lows; losing 10.00% or 0.410 to 3.690. Shares in Guangdong Homa Appliances Co Ltd (SZ:002668) fell to 5-year lows; falling 9.95% or 0.95 to 8.60.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 29.33.

Gold Futures for December delivery was up 1.08% or 13.10 to $1225.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.31% or 0.20 to hit $65.11 a barrel, while the January Brent oil contract fell 0.86% or 0.65 to trade at $74.82 a barrel.

USD/CNY was down 0.38% to 6.9490, while EUR/CNY rose 0.01% to 7.8930.

The US Dollar Index Futures was down 0.38% at 96.53.

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