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China stocks higher at close of trade; Shanghai Composite up 0.66%

Stock MarketsMay 21, 2018 03:35AM ET
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© Reuters. China stocks higher at close of trade; Shanghai Composite up 0.66%

Investing.com – China stocks were higher after the close on Monday, as gains in the Telecoms, Mobile and Technology Hardware & Equipment sectors led shares higher.

At the close in Shanghai, the Shanghai Composite added 0.66% to hit a new 1-month high, while the SZSE Component index added 0.87%.

The best performers of the session on the Shanghai Composite were Inner Mongolia Lantai Industrial Co Ltd (SS:600328), which rose 10.05% or 1.000 points to trade at 10.950 at the close. Meanwhile, Jiangsu Zhongtian Technology Co Ltd (SS:600522) added 10.04% or 1.010 points to end at 11.070 and Poten Environment Group Co Ltd (SS:603603) was up 10.00% or 2.62 points to 28.83 in late trade.

The worst performers of the session were Harson Trading China Co Ltd (SS:603958), which fell 4.33% or 0.650 points to trade at 14.360 at the close. Future Land Holdings Co Ltd (SS:601155) declined 3.41% or 1.130 points to end at 32.020 and Great-Sun Foods Co Ltd (SS:603336) was down 2.91% or 0.690 points to 23.010.

The top performers on the SZSE Component were Zhejiang Satellite Petrochemical Co Ltd (SZ:002648) which rose 10.04% to 14.80, Hunan China Sun Pharma Machinery (SZ:300216) which was up 9.96% to settle at 9.27 and Huangshan Jinma Co Ltd (SZ:000980) which gained 9.96% to close at 8.83.

The worst performers were Muyuan Foodstuff Co Ltd (SZ:002714) which was down 5.45% to 50.66 in late trade, Fujian Sunner Development Co Ltd (SZ:002299) which lost 4.67% to settle at 15.52 and Beijing Orient Landscape Co Ltd (SZ:002310) which was down 4.01% to 17.94 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1165 to 182 and 33 ended unchanged.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 20.51.

Gold Futures for June delivery was down 0.66% or 8.50 to $1282.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.66% or 0.47 to hit $71.84 a barrel, while the July Brent oil contract rose 0.68% or 0.53 to trade at $79.04 a barrel.

USD/CNY was up 0.18% to 6.3906, while EUR/CNY fell 0.16% to 7.4962.

The US Dollar Index Futures was up 0.32% at 93.88.

China stocks higher at close of trade; Shanghai Composite up 0.66%
 

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