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China stocks higher at close of trade; Shanghai Composite up 0.41%
© Reuters. China stocks higher at close of trade; Shanghai Composite up 0.41%
Investing.com – China stocks were higher after the close on Friday, as gains in the Technology Hardware & Equipment, Real Estate Investments & Services and Technology sectors led shares higher.
At the close in Shanghai, the Shanghai Composite added 0.41% to hit a new 1-month high, while the SZSE Component index climbed 0.75%.
The best performers of the session on the Shanghai Composite were Zhejiang Shenghua Biok Biology Co Ltd (SS:600226), which rose 10.12% or 0.340 points to trade at 3.700 at the close. Meanwhile, Ningbo Yunsheng Co Ltd (SS:600366) added 10.09% or 0.570 points to end at 6.220 and Shang Gong Group Co Ltd B (SS:900924) was up 10.06% or 0.067 points to 0.733 in late trade.
The worst performers of the session were Sichuan Minjiang Hydropower Co Ltd (SS:600131), which fell 10.02% or 1.200 points to trade at 10.780 at the close. Hua Xin Cement (SS:900933) declined 7.28% or 0.139 points to end at 1.770 and Shanghai Yahong Moulding Co Ltd (SS:603159) was down 3.91% or 0.810 points to 19.880.
The top performers on the SZSE Component were Sichuan Shuangma Cement Co Ltd (SZ:000935) which rose 10.02% to 18.12, GuangDong Huasheng Electrical Appliances Co Ltd (SZ:002670) which was up 10.01% to settle at 11.32 and Do-Fluoride Chemicals Co Ltd (SZ:002407) which gained 9.97% to close at 11.80.
The worst performers were Vtron Technologies Ltd (SZ:002308) which was down 10.05% to 5.280 in late trade, Jiangsu Shagang Co Ltd (SZ:002075) which lost 10.01% to settle at 14.48 and Zhonghong Holding Co Ltd (SZ:000979) which was down 9.46% to 0.67 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 952 to 438 and 83 ended unchanged.
Shares in Jiangsu Shagang Co Ltd (SZ:002075) fell to 52-week lows; falling 10.01% or 1.61 to 14.48. Shares in Zhonghong Holding Co Ltd (SZ:000979) fell to 5-year lows; losing 9.46% or 0.07 to 0.67.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 31.99.
Gold Futures for December delivery was up 1.42% or 17.00 to $1216.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.81% or 0.46 to hit $56.92 a barrel, while the January Brent oil contract rose 0.99% or 0.66 to trade at $67.28 a barrel.
USD/CNY was up 0.03% to 6.9414, while EUR/CNY rose 0.27% to 7.8805.
The US Dollar Index Futures was down 0.05% at 96.74.
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