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China stocks mixed at close of trade; Shanghai Composite up 0.03%
Published Dec 07, 2018 02:35AM ET
© Reuters. China stocks mixed at close of trade; Shanghai Composite up 0.03%
Investing.com – China stocks were mixed after the close on Friday, as gains in the Gas, Water & Multiutilities, Utilities and Electricity sectors led shares higher while losses in the Oil Equipment Services & Distribution, Retailers and Banking sectors led shares lower.
At the close in Shanghai, the Shanghai Composite rose 0.03%, while the SZSE Component index fell 0.01%.
The best performers of the session on the Shanghai Composite were Eastern Communications Co Ltd A (SS:600776), which rose 10.03% or 0.580 points to trade at 6.360 at the close. Meanwhile, Ningbo Peacebird Fashion Co Ltd (SS:603877) added 10.00% or 1.79 points to end at 19.69 and Hangzhou First PV Material Co Ltd (SS:603806) was up 7.13% or 1.89 points to 28.41 in late trade.
The worst performers of the session were Furen Pharmaceutical Group Industry Co Ltd (SS:600781), which fell 10.00% or 1.660 points to trade at 14.940 at the close. Zhejiang Langdi Group Co Ltd (SS:603726) declined 9.99% or 2.670 points to end at 24.060 and Autobio Diagnostics Co Ltd (SS:603658) was down 9.72% or 5.870 points to 54.530.
The top performers on the SZSE Component were Zhejiang Longsheng Auto Parts Co Ltd (SZ:002625) which rose 9.62% to 9.69, Searainbow Holding Corp (SZ:000503) which was up 7.62% to settle at 18.92 and Tangshan Jidong Cement Co Ltd (SZ:000401) which gained 5.47% to close at 13.50.
The worst performers were Lepu Medical Tech Beijing (SZ:300003) which was down 10.01% to 26.88 in late trade, Huadong Medicine Co Ltd (SZ:000963) which lost 10.00% to settle at 29.88 and Jiangsu Nhwa Pharmaceutical Co Ltd (SZ:002262) which was down 9.99% to 10.09 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 752 to 624 and 100 ended unchanged.
Shares in Huadong Medicine Co Ltd (SZ:000963) fell to 52-week lows; falling 10.00% or 3.32 to 29.88. Shares in Jiangsu Nhwa Pharmaceutical Co Ltd (SZ:002262) fell to 52-week lows; losing 9.99% or 1.12 to 10.09.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 27.07.
Gold Futures for February delivery was up 0.07% or 0.90 to $1244.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.84% or 0.43 to hit $51.06 a barrel, while the February Brent oil contract fell 0.82% or 0.49 to trade at $59.57 a barrel.
USD/CNY was down 0.03% to 6.8805, while EUR/CNY fell 0.12% to 7.8247.
The US Dollar Index Futures was up 0.04% at 96.803.
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