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China stocks higher at close of trade; Shanghai Composite up 0.73%

Published 08/17/2015, 03:35 AM
Updated 08/17/2015, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.73%

Investing.com – China stocks were higher after the close on Monday, as gains in the Travel & Leisure, Gas, Water & Multiutilities and Utilities sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.73%, while the SZSE Component index added 0.95%.

The best performers of the session on the Shanghai Composite were Huayuan Proper (SS:600743), which rose 10.07% or 0.740 points to trade at 8.090 at the close. Meanwhile, Anyuan Coal (SS:600397) added 10.07% or 0.760 points to end at 8.310 and Shandong Iron (SS:600022) was up 10.07% or 0.440 points to 4.810 in late trade.

The worst performers of the session were Ningbo Constru (SS:601789), which fell 6.21% or 0.940 points to trade at 14.190 at the close. Jiangsu Province Communications Planning and Design Institute Ltd Co (SS:603018) declined 5.49% or 5.02 points to end at 86.49 and Hangxiao Steel (SS:600477) was down 5.35% or 0.680 points to 12.030.

The top performers on the SZSE Component were Xinjiang Beixin Road&Bridge Group Co Ltd (SZ:002307) which rose 10.03% to 15.36, Haima Automobile Group Co Ltd (SZ:000572) which was up 10.03% to settle at 8.78 and Fujian Star Net Communic Ltd (SZ:002396) which gained 10.02% to close at 26.470.

The worst performers were Leo Group Co Ltd (SZ:002131) which was down 8.13% to 63.20 in late trade, Luxshare Precision Industry Co Ltd (SZ:002475) which lost 7.11% to settle at 32.40 and Rongxin Power Electronic Co Ltd (SZ:002123) which was down 4.64% to 22.60 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 715 to 253.

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The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 4.96% to 29.87.

Gold for December delivery was up 0.35% or 3.90 to $1116.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.44% or 0.62 to hit $42.49 a barrel, while the October Brent oil contract fell 1.36% or 0.67 to trade at $48.52 a barrel.

USD/CNY was up 0.04% to 6.3941, while EUR/CNY fell 0.36% to 7.0773.

The US Dollar Index was up 0.29% at 96.88.

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