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China stocks higher at close of trade; Shanghai Composite up 4.09%

Published 10/22/2018, 03:35 AM
Updated 10/22/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 4.09%

Investing.com – China stocks were higher after the close on Monday, as gains in the Travel & Leisure, Software & Computer Services and Technology sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 4.09%, while the SZSE Component index climbed 4.89%.

The best performers of the session on the Shanghai Composite were Shanghai Greencourt Investment Group Co Ltd B (SS:900919), which rose 10.16% or 0.031 points to trade at 0.336 at the close. Meanwhile, Henan Huanghe Whirlwind Co Ltd (SS:600172) added 10.16% or 0.310 points to end at 3.360 and Baotou Huazi Industry Co Ltd (SS:600191) was up 10.14% or 0.360 points to 3.910 in late trade.

The worst performers of the session were Fushun Special Steel Co Ltd (SS:600399), which fell 5.08% or 0.130 points to trade at 2.430 at the close. Kangmei Pharmaceutical Co Ltd (SS:600518) declined 3.29% or 0.480 points to end at 14.090 and Danhua Chemical Technology Co Ltd A (SS:600844) was down 2.81% or 0.110 points to 3.800.

The top performers on the SZSE Component were Shenwan Hongyuan Group Co Ltd (SZ:000166) which rose 10.08% to 4.37, Guosen Securities Co Ltd (SZ:002736) which was up 10.07% to settle at 7.65 and Harbin Gloria Pharmaceuticals (SZ:002437) which gained 10.07% to close at 2.95.

The worst performers were Fujian Guanfu Modern Household Wares Co Ltd (SZ:002102) which was down 2.25% to 1.74 in late trade, Beijing Shouhang Resources Saving Co Ltd (SZ:002665) which unchanged 0.00% to settle at 5.81 and COFCO Property Group Co Ltd (SZ:000031) which was unchanged 0.00% to 4.70 at the close.

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Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1460 to 5.

Shares in Fushun Special Steel Co Ltd (SS:600399) fell to 3-years lows; down 5.08% or 0.130 to 2.430. Shares in Kangmei Pharmaceutical Co Ltd (SS:600518) fell to 52-week lows; falling 3.29% or 0.480 to 14.090. Shares in Danhua Chemical Technology Co Ltd A (SS:600844) fell to 5-year lows; losing 2.81% or 0.110 to 3.800. Shares in Fujian Guanfu Modern Household Wares Co Ltd (SZ:002102) fell to 5-year lows; falling 2.25% or 0.04 to 1.74. Shares in Beijing Shouhang Resources Saving Co Ltd (SZ:002665) unchanged to 5-year lows; unchanged 0.00% or 0.00 to 5.81.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 28.71.

Gold Futures for December delivery was up 0.09% or 1.10 to $1229.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.59% or 0.41 to hit $69.69 a barrel, while the December Brent oil contract rose 0.41% or 0.33 to trade at $80.11 a barrel.

USD/CNY was up 0.06% to 6.9337, while EUR/CNY rose 0.32% to 8.0055.

The US Dollar Index Futures was down 0.14% at 95.25.

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