Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

China stocks higher at close of trade; Shanghai Composite up 1.06%

Published 09/28/2018, 03:35 AM
Updated 09/28/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 1.06%

© Reuters. China stocks higher at close of trade; Shanghai Composite up 1.06%

Investing.com – China stocks were higher after the close on Friday, as gains in the Life Insurance, Retailers and Travel & Leisure sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 1.06% to hit a new 1-month high, while the SZSE Component index added 0.80%.

The best performers of the session on the Shanghai Composite were Shanghai Hongda Mining Co Ltd (SS:600532), which rose 10.13% or 0.400 points to trade at 4.350 at the close. Meanwhile, Shanxi Guoxin Energy Co Ltd A (SS:600617) added 10.07% or 0.580 points to end at 6.340 and Silvery Dragon Prestressed Materials Co Ltd Tianjin (SS:603969) was up 10.06% or 0.48 points to 5.25 in late trade.

The worst performers of the session were Beijing Huaye Capital Holdings Co Ltd (SS:600240), which fell 10.05% or 0.610 points to trade at 5.460 at the close. Gangtai Holdin (SS:600687) declined 9.98% or 0.410 points to end at 3.700 and Anhui Xinli Finance Co Ltd (SS:600318) was down 9.96% or 1.100 points to 9.940.

The top performers on the SZSE Component were Shenzhen InfoGem Technologies Co Ltd (SZ:300085) which rose 10.02% to 10.54, By health (SZ:300146) which was up 7.67% to settle at 20.50 and YOUZU Interactive Co Ltd (SZ:002174) which gained 6.72% to close at 16.190.

The worst performers were Shenzhen Ysstech Info-Tech Co Ltd (SZ:300377) which was down 9.98% to 12.45 in late trade, Xiamen Meiya Pico Information (SZ:300188) which lost 6.58% to settle at 15.89 and Shennan Circuits Co Ltd Class A (SZ:002916) which was down 4.58% to 71.31 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1186 to 200 and 70 ended unchanged.

Shares in Beijing Huaye Capital Holdings Co Ltd (SS:600240) fell to 3-years lows; losing 10.05% or 0.610 to 5.460. Shares in Gangtai Holdin (SS:600687) fell to 5-year lows; down 9.98% or 0.410 to 3.700. Shares in Anhui Xinli Finance Co Ltd (SS:600318) fell to 3-years lows; falling 9.96% or 1.100 to 9.940. Shares in By health (SZ:300146) rose to 3-years highs; up 7.67% or 1.46 to 20.50.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.66.

Gold Futures for December delivery was down 0.07% or 0.80 to $1186.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.26% or 0.19 to hit $72.31 a barrel, while the December Brent oil contract rose 0.25% or 0.20 to trade at $81.58 a barrel.

USD/CNY was down 0.08% to 6.8848, while EUR/CNY fell 0.20% to 8.0054.

The US Dollar Index Futures was up 0.08% at 94.69.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.