Investing.com – China stocks were higher after the close on Monday, as gains in the Software & Computer Services, Travel & Leisure and Technology sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 3.29% to hit a new 1-month high, while the SZSE Component index climbed 4.00%.
The best performers of the session on the Shanghai Composite were Dahua Chemical (SS:900951), which rose 10.07% or 0.072 points to trade at 0.787 at the close. Meanwhile, Kibing Group (SS:601636) added 10.07% or 0.460 points to end at 5.030 and Sundy Land Inv (SS:600077) was up 10.07% or 0.560 points to 6.120 in late trade.
The worst performers of the session were Yili Energy (SS:600277), which fell 10.01% or 1.460 points to trade at 13.120 at the close. Zhongzhu Holdi (SS:600568) declined 10.00% or 2.410 points to end at 21.690 and Zhongyuan Unio (SS:600645) was down 9.99% or 7.930 points to 71.410.
The top performers on the SZSE Component were FSPG Hi-Tech Co Ltd (SZ:000973) which rose 10.07% to 7.76, Guizhou Xinbang Pharmaceutical Co Ltd (SZ:002390) which was up 10.04% to settle at 12.27 and Rongsheng Petrochemical Co Ltd (SZ:002493) which gained 10.04% to close at 8.88.
The worst performers were Zhejiang Jingsheng Mech Electric (SZ:300316) which was down 10.01% to 18.88 in late trade, Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which lost 9.15% to settle at 29.38 and BYD Co Ltd (SZ:002594) which was down 2.43% to 59.46 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 922 to 28.
Shares in Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) fell to 52-week lows; falling 9.15% or 2.96 to 29.38.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.26% to 34.11 a new 1-month low.
Gold for December delivery was up 0.74% or 8.60 to $1164.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.97% or 0.48 to hit $50.11 a barrel, while the December Brent oil contract rose 0.96% or 0.51 to trade at $53.42 a barrel.
USD/CNY was down 0.33% to 6.3244, while EUR/CNY fell 0.28% to 7.1883.
The US Dollar Index was down 0.13% at 94.81.