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China stocks higher at close of trade; Shanghai Composite up 0.58%

Stock MarketsMay 15, 2018 03:35AM ET
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© Reuters. China stocks higher at close of trade; Shanghai Composite up 0.58%

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

At the close in Shanghai, the Shanghai Composite rose 0.58% to hit a new 1-month high, while the SZSE Component index added 0.72%.

The best performers of the session on the Shanghai Composite were Cultural Investment Holdings Co Ltd (SS:600715), which rose 10.05% or 0.860 points to trade at 9.420 at the close. Meanwhile, Jiangsu Rutong Petro-Machinery Co Ltd (SS:603036) added 10.03% or 1.550 points to end at 17.010 and Zhejiang Dehong Automotive Electrical System Co Ltd (SS:603701) was up 10.02% or 1.830 points to 20.100 in late trade.

The worst performers of the session were Aurora Optoelectronics Co Ltd (SS:600666), which fell 9.98% or 0.830 points to trade at 7.490 at the close. Shanghai Diesel Engine Co Ltd A (SS:600841) declined 7.62% or 1.320 points to end at 16.000 and Luenmei Quantum Co Ltd (SS:600167) was down 5.87% or 1.310 points to 21.010.

The top performers on the SZSE Component were Apex Technology Co Ltd (SZ:002180) which rose 7.57% to 31.55, Beijing Shiji Information Technology Co Ltd (SZ:002153) which was up 6.97% to settle at 25.63 and Wuxi Lead Auto Equipment Co Ltd (SZ:300450) which gained 6.78% to close at 74.00.

The worst performers were Cefc Anhui International Holding Co Ltd (SZ:002018) which was down 5.09% to 2.61 in late trade, Beijing Miteno Communication Technology Co Ltd (SZ:300038) which lost 4.82% to settle at 14.82 and Guilin Guanglu Measuring Instrument Co Ltd (SZ:002175) which was down 3.75% to 5.39 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1042 to 281 and 52 ended unchanged.

Shares in Aurora Optoelectronics Co Ltd (SS:600666) fell to 3-years lows; falling 9.98% or 0.830 to 7.490. Shares in Cefc Anhui International Holding Co Ltd (SZ:002018) fell to 5-year lows; falling 5.09% or 0.14 to 2.61. Shares in Beijing Miteno Communication Technology Co Ltd (SZ:300038) fell to 3-years lows; down 4.82% or 0.75 to 14.82.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 20.85.

Gold Futures for June delivery was down 0.49% or 6.50 to $1311.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.06% or 0.04 to hit $70.92 a barrel, while the July Brent oil contract rose 0.04% or 0.03 to trade at $78.26 a barrel.

USD/CNY was up 0.20% to 6.3519, while EUR/CNY rose 0.27% to 7.5820.

The US Dollar Index Futures was down 0.03% at 92.52.

China stocks higher at close of trade; Shanghai Composite up 0.58%
 

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