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China stocks higher at close of trade; Shanghai Composite up 1.67%

Published 04/10/2018, 03:35 AM
Updated 04/10/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 1.67%

© Reuters. China stocks higher at close of trade; Shanghai Composite up 1.67%

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

At the close in Shanghai, the Shanghai Composite gained 1.67%, while the SZSE Component index gained 1.05%.

The best performers of the session on the Shanghai Composite were Eagle Mining (SS:600711), which rose 10.06% or 0.870 points to trade at 9.520 at the close. Meanwhile, Lanhai Medical Investment Co Ltd (SS:600896) added 10.05% or 0.640 points to end at 7.010 and Zhenhai Petrochemical Engineering Co Ltd (SS:603637) was up 10.00% or 2.10 points to 23.09 in late trade.

The worst performers of the session were Hna Innovation Hainan Co Ltd B (SS:900955), which fell 10.09% or 0.047 points to trade at 0.419 at the close. Shanghai LongYun Advertising & Media Co Ltd (SS:603729) declined 10.01% or 5.78 points to end at 51.98 and Lawton Develop (SS:600209) was down 9.97% or 1.020 points to 9.210.

The top performers on the SZSE Component were Sgis Songshan Co Ltd (SZ:000717) which rose 10.05% to 6.57, Sumavision Technologies (SZ:300079) which was up 9.95% to settle at 4.09 and Sansteel MinGuang Co Ltd Fujian (SZ:002110) which gained 7.83% to close at 18.74.

The worst performers were BI of Oriental Nations (SZ:300166) which was down 10.01% to 15.74 in late trade, JANUS Dongguan Precision Components Co Ltd (SZ:300083) which lost 10.00% to settle at 6.39 and Lens Technology Co Ltd (SZ:300433) which was down 9.98% to 21.01 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 875 to 450 and 42 ended unchanged.

Shares in JANUS Dongguan Precision Components Co Ltd (SZ:300083) fell to 52-week lows; down 10.00% or 0.71 to 6.39. Shares in Lens Technology Co Ltd (SZ:300433) fell to 52-week lows; down 9.98% or 2.33 to 21.01.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 27.07.

Gold Futures for June delivery was down 0.05% or 0.70 to $1339.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.31% or 0.83 to hit $64.25 a barrel, while the June Brent oil contract rose 1.28% or 0.88 to trade at $69.53 a barrel.

USD/CNY was down 0.14% to 6.2968, while EUR/CNY fell 0.08% to 7.7631.

The US Dollar Index Futures was down 0.07% at 89.47.

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