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China stocks higher at close of trade; Shanghai Composite up 0.34%

Stock MarketsMay 14, 2018 03:35AM ET
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© Reuters. China stocks higher at close of trade; Shanghai Composite up 0.34%

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

At the close in Shanghai, the Shanghai Composite added 0.34%, while the SZSE Component index climbed 0.35%.

The best performers of the session on the Shanghai Composite were Henan Ancai Hi-tech Co Ltd (SS:600207), which rose 10.04% or 0.810 points to trade at 8.880 at the close. Meanwhile, Changzhou Shenli Electrical Machine Incorporated Co (SS:603819) added 10.03% or 1.650 points to end at 18.100 and ADD Industry Zhejiang Co Ltd (SS:603089) was up 9.99% or 2.36 points to 25.99 in late trade.

The worst performers of the session were Qingdao Copton Technology Co Ltd (SS:603798), which fell 10.02% or 2.030 points to trade at 18.230 at the close. Shanghai Wondertek Software Co Ltd (SS:603189) declined 10.01% or 2.190 points to end at 19.680 and Suzhou Xingye Materials Technology Co Ltd (SS:603928) was down 10.01% or 2.180 points to 19.590.

The top performers on the SZSE Component were Beijing SL Pharmaceutical Co Ltd (SZ:002038) which rose 9.99% to 47.23, JPMF Guangdong Co Ltd (SZ:002600) which was up 7.73% to settle at 7.25 and Zhejiang Wanfeng Auto Wheel Co Ltd (SZ:002085) which gained 6.54% to close at 11.24.

The worst performers were Beijing Miteno Communication Technology Co Ltd (SZ:300038) which was down 10.00% to 15.57 in late trade, Cofco Biochemical Anhui Co Ltd (SZ:000930) which lost 9.97% to settle at 12.01 and Wangsu Science Tech (SZ:300017) which was down 8.02% to 12.38 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 854 to 465 and 56 ended unchanged.

Shares in Beijing SL Pharmaceutical Co Ltd (SZ:002038) rose to 52-week highs; rising 9.99% or 4.29 to 47.23. Shares in Beijing Miteno Communication Technology Co Ltd (SZ:300038) fell to 3-years lows; losing 10.00% or 1.73 to 15.57.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 19.75 a new 3-months low.

Gold Futures for June delivery was up 0.01% or 0.10 to $1320.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.48% or 0.34 to hit $70.36 a barrel, while the July Brent oil contract fell 0.60% or 0.46 to trade at $76.66 a barrel.

USD/CNY was up 0.07% to 6.3387, while EUR/CNY rose 0.32% to 7.5887.

The US Dollar Index Futures was down 0.19% at 92.26.

China stocks higher at close of trade; Shanghai Composite up 0.34%
 

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