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China stocks higher at close of trade; Shanghai Composite up 0.51%

Published 05/10/2018, 03:35 AM
Updated 05/10/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.51%

Investing.com – China stocks were higher after the close on Thursday, as gains in the Oil Equipment Services & Distribution, Media and Travel & Leisure sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.51%, while the SZSE Component index climbed 0.38%.

The best performers of the session on the Shanghai Composite were Hangzhou Cable Co Ltd (SS:603618), which rose 10.04% or 0.73 points to trade at 8.00 at the close. Meanwhile, Zhejiang Jiuzhou Pharmaceutical Co Ltd (SS:603456) added 10.04% or 0.97 points to end at 10.63 and Qingdao Copton Technology Co Ltd (SS:603798) was up 10.02% or 1.730 points to 18.990 in late trade.

The worst performers of the session were Aurora Optoelectronics Co Ltd (SS:600666), which fell 9.99% or 1.140 points to trade at 10.270 at the close. Zhejiang XinAn Chemical Industrial Group Co Ltd (SS:600596) declined 5.78% or 1.030 points to end at 16.780 and Shanghai Baosight Software Co Ltd A (SS:600845) was down 5.29% or 1.630 points to 29.190.

The top performers on the SZSE Component were Beihai Yinhe Industry Investment Co Ltd (SZ:000806) which rose 10.05% to 6.90, Hunan China Sun Pharma Machinery (SZ:300216) which was up 9.98% to settle at 8.93 and Anhui Gujing Distillery Co Ltd (SZ:000596) which gained 7.66% to close at 77.56.

The worst performers were Beijing Sevenstar Electronics Co Ltd (SZ:002371) which was down 5.23% to 49.50 in late trade, Taiji Computer Corp Ltd (SZ:002368) which lost 5.08% to settle at 30.27 and Cefc Anhui International Holding Co Ltd (SZ:002018) which was down 5.00% to 3.04 at the close.

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Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 849 to 442 and 84 ended unchanged.

Shares in Aurora Optoelectronics Co Ltd (SS:600666) fell to 3-years lows; losing 9.99% or 1.140 to 10.270. Shares in Zhejiang Jiuzhou Pharmaceutical Co Ltd (SS:603456) rose to 52-week highs; gaining 10.04% or 0.97 to 10.63. Shares in Anhui Gujing Distillery Co Ltd (SZ:000596) rose to all time highs; rising 7.66% or 5.52 to 77.56. Shares in Cefc Anhui International Holding Co Ltd (SZ:002018) fell to 5-year lows; down 5.00% or 0.16 to 3.04.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.63 a new 3-months low.

Gold Futures for June delivery was down 0.08% or 1.10 to $1311.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.59% or 0.42 to hit $71.56 a barrel, while the July Brent oil contract rose 0.53% or 0.41 to trade at $77.62 a barrel.

USD/CNY was up 0.05% to 6.3658, while EUR/CNY rose 0.18% to 7.5535.

The US Dollar Index Futures was down 0.08% at 92.88.

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