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China stocks mixed at close of trade; Shanghai Composite down 0.04%

Published 11/27/2018, 02:35 AM
Updated 11/27/2018, 02:35 AM
© Reuters.  China stocks mixed at close of trade; Shanghai Composite down 0.04%

Investing.com – China stocks were mixed after the close on Tuesday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares higher while losses in the Travel & Leisure, Real Estate Investments & Services and Banking sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.04%, while the SZSE Component index climbed 0.25%.

The best performers of the session on the Shanghai Composite were Guangxi Guidong Eletric Power Co Ltd (SS:600310), which rose 10.13% or 0.400 points to trade at 4.350 at the close. Meanwhile, ARTS Group Co Ltd (SS:603017) added 10.00% or 0.950 points to end at 10.450 and Eastern Communications Co Ltd A (SS:600776) was up 9.98% or 0.490 points to 5.400 in late trade.

The worst performers of the session were Chongqing Fuling Electric Power Industrial Co Ltd (SS:600452), which fell 5.12% or 0.910 points to trade at 16.860 at the close. Beihai Gofar Marine Biological Industry Co Ltd (SS:600538) declined 4.86% or 0.270 points to end at 5.290 and Yifeng Pharmacy Chain Co Ltd (SS:603939) was down 4.59% or 2.34 points to 48.66.

The top performers on the SZSE Component were Guangdong Eastone Century Technology Co Ltd (SZ:300310) which rose 10.11% to 4.79, Shenzhen Tatfook Tech (SZ:300134) which was up 9.99% to settle at 9.36 and Tatwah Smartech Co Ltd (SZ:002512) which gained 9.98% to close at 6.72.

The worst performers were Zhonghong Holding Co Ltd (SZ:000979) which was down 11.11% to 0.32 in late trade, Hand Enterprise Solutions Co (SZ:300170) which lost 7.78% to settle at 9.96 and United Electronics Co Ltd (SZ:002642) which was down 5.37% to 7.23 at the close.

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Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 945 to 456 and 71 ended unchanged.

Shares in Zhonghong Holding Co Ltd (SZ:000979) fell to all time lows; losing 11.11% or 0.04 to 0.32.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 28.78.

Gold Futures for February delivery was down 0.17% or 2.10 to $1226.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.46% or 0.24 to hit $51.39 a barrel, while the February Brent oil contract fell 0.25% or 0.15 to trade at $60.41 a barrel.

USD/CNY was up 0.07% to 6.9455, while EUR/CNY rose 0.16% to 7.8740.

The US Dollar Index Futures was up 0.05% at 97.025.

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