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China stocks higher at close of trade; Shanghai Composite up 0.52%

Published 06/04/2018, 03:35 AM
Updated 06/04/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.52%

Investing.com – China stocks were higher after the close on Monday, as gains in the Real Estate Investments & Services, Life Insurance and Financials sectors led shares higher.

At the close in Shanghai, the Shanghai Composite rose 0.52%, while the SZSE Component index climbed 0.34%.

The best performers of the session on the Shanghai Composite were Qingdao Tianhua Institute Chemistry Engineering Co Ltd (SS:600579), which rose 10.00% or 1.11 points to trade at 12.21 at the close. Meanwhile, Qingdao Huijintong Power Eouipment Co Ltd (SS:603577) added 9.99% or 1.480 points to end at 16.290 and Wanhua Chemical Group Co Ltd (SS:600309) was up 9.99% or 3.640 points to 40.080 in late trade.

The worst performers of the session were Aurora Optoelectronics Co Ltd (SS:600666), which fell 10.08% or 0.520 points to trade at 4.640 at the close. Tongwei Co Ltd (SS:600438) declined 10.02% or 1.050 points to end at 9.430 and Eagle Mining (SS:600711) was down 10.02% or 1.110 points to 9.970.

The top performers on the SZSE Component were Hisense Kelon Electrical Holdings Co Ltd (SZ:000921) which rose 10.04% to 11.95, Shenzhen Huaqiang Industry Co Ltd (SZ:000062) which was up 9.98% to settle at 22.92 and Beijing Shiji Information Technology Co Ltd (SZ:002153) which gained 8.12% to close at 30.50.

The worst performers were Sungrow Power Supply Co Ltd (SZ:300274) which was down 10.03% to 12.56 in late trade, Xinjiang Goldwind Science & Technology Co Ltd Class A (SZ:002202) which lost 10.02% to settle at 14.01 and Huayi Brothers Media Corp (SZ:300027) which was down 10.02% to 7.36 at the close.

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Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 669 to 629 and 82 ended unchanged.

Shares in Aurora Optoelectronics Co Ltd (SS:600666) fell to 5-year lows; down 10.08% or 0.520 to 4.640. Shares in Huayi Brothers Media Corp (SZ:300027) fell to 5-year lows; down 10.02% or 0.82 to 7.36.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 19.84.

Gold Futures for August delivery was down 0.11% or 1.40 to $1297.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.15% or 0.10 to hit $65.91 a barrel, while the August Brent oil contract rose 0.09% or 0.07 to trade at $76.86 a barrel.

USD/CNY was down 0.13% to 6.4119, while EUR/CNY rose 0.30% to 7.5089.

The US Dollar Index Futures was down 0.32% at 93.86.

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