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China stocks higher at close of trade; Shanghai Composite up 0.44%

Published 07/10/2018, 03:35 AM
Updated 07/10/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.44%

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

At the close in Shanghai, the Shanghai Composite added 0.44%, while the SZSE Component index added 0.49%.

The best performers of the session on the Shanghai Composite were Shanghai Hongda Mining Co Ltd (SS:600532), which rose 10.14% or 0.370 points to trade at 4.020 at the close. Meanwhile, Sichuan Western Resources Holding Co Ltd (SS:600139) added 10.12% or 0.410 points to end at 4.460 and Well Lead Medical Co Ltd (SS:603309) was up 10.03% or 1.18 points to 12.95 in late trade.

The worst performers of the session were Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165), which fell 9.98% or 1.200 points to trade at 10.830 at the close. Huayi Electric Co Ltd (SS:600290) declined 9.95% or 0.730 points to end at 6.610 and Zhengping Road & Bridge Construction Co Ltd (SS:603843) was down 5.83% or 0.480 points to 7.760.

The top performers on the SZSE Component were China West Construction Group Co Ltd (SZ:002302) which rose 10.03% to 11.52, All Winner Technology Co Ltd (SZ:300458) which was up 9.98% to settle at 19.40 and Tibet Mineral Development Co Ltd (SZ:000762) which gained 9.97% to close at 10.37.

The worst performers were Yinji Entertainment Media Co Ltd (SZ:002143) which was down 10.02% to 9.79 in late trade, Beijing Lanxum Tech Co (SZ:300010) which lost 10.00% to settle at 10.44 and Xingyuan Environment Technology Co Ltd (SZ:300266) which was down 9.98% to 9.56 at the close.

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Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1001 to 335 and 76 ended unchanged.

Shares in Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165) fell to 52-week lows; down 9.98% or 1.200 to 10.830. Shares in Huayi Electric Co Ltd (SS:600290) fell to 3-years lows; falling 9.95% or 0.730 to 6.610. Shares in Zhengping Road & Bridge Construction Co Ltd (SS:603843) fell to 52-week lows; down 5.83% or 0.480 to 7.760. Shares in Yinji Entertainment Media Co Ltd (SZ:002143) fell to 3-years lows; down 10.02% or 1.09 to 9.79. Shares in Xingyuan Environment Technology Co Ltd (SZ:300266) fell to 3-years lows; falling 9.98% or 1.06 to 9.56.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 24.04.

Gold Futures for August delivery was down 0.19% or 2.40 to $1257.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.43% or 0.32 to hit $74.17 a barrel, while the September Brent oil contract rose 0.74% or 0.58 to trade at $78.65 a barrel.

USD/CNY was down 0.02% to 6.6146, while EUR/CNY fell 0.05% to 7.7702.

The US Dollar Index Futures was up 0.09% at 93.88.

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