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China stocks higher at close of trade; Shanghai Composite up 0.91%

Published 11/19/2018, 02:35 AM
Updated 11/19/2018, 02:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.91%

© Reuters. China stocks higher at close of trade; Shanghai Composite up 0.91%

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

At the close in Shanghai, the Shanghai Composite gained 0.91% to hit a new 1-month high, while the SZSE Component index gained 0.58%.

The best performers of the session on the Shanghai Composite were Shanghai Yimin Commerce Group Co Ltd (SS:600824), which rose 10.13% or 0.390 points to trade at 4.240 at the close. Meanwhile, Hua Yuan Property Co Ltd (SS:600743) added 10.12% or 0.260 points to end at 2.830 and Guangxi Guidong Eletric Power Co Ltd (SS:600310) was up 10.08% or 0.390 points to 4.260 in late trade.

The worst performers of the session were Sichuan Minjiang Hydropower Co Ltd (SS:600131), which fell 10.02% or 1.080 points to trade at 9.700 at the close. Fangda Special Steel Technology Co Ltd (SS:600507) declined 7.79% or 0.900 points to end at 10.650 and Jiangsu Yulong Steel Pipe Co Ltd (SS:601028) was down 7.59% or 0.440 points to 5.360.

The top performers on the SZSE Component were Shenzhen Agricultural Products Co Ltd (SZ:000061) which rose 10.02% to 5.38, Tangshan Jidong Cement Co Ltd (SZ:000401) which was up 10.00% to settle at 11.77 and China Zhonghua Geotechnical Engineering Co Ltd (SZ:002542) which gained 10.00% to close at 5.17.

The worst performers were Zhonghong Holding Co Ltd (SZ:000979) which was down 10.45% to 0.60 in late trade, Tatwah Smartech Co Ltd (SZ:002512) which lost 10.04% to settle at 8.69 and Jiangsu Shagang Co Ltd (SZ:002075) which was unchanged 0.00% to 13.03 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 804 to 594 and 74 ended unchanged.

Shares in Zhonghong Holding Co Ltd (SZ:000979) fell to 5-year lows; falling 10.45% or 0.07 to 0.60. Shares in Tatwah Smartech Co Ltd (SZ:002512) fell to 3-years lows; down 10.04% or 0.97 to 8.69. Shares in Jiangsu Shagang Co Ltd (SZ:002075) unchanged to 52-week lows; unchanged 0.00% or 0.00 to 13.03.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 31.38.

Gold Futures for December delivery was down 0.09% or 1.10 to $1219.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.63% or 0.92 to hit $57.38 a barrel, while the January Brent oil contract rose 0.97% or 0.65 to trade at $67.41 a barrel.

USD/CNY was up 0.06% to 6.9425, while EUR/CNY rose 0.01% to 7.9199.

The US Dollar Index Futures was up 0.02% at 96.35.

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