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China stocks higher at close of trade; Shanghai Composite up 0.49%

Published 07/16/2015, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.49%
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Investing.com – China stocks were higher after the close on Thursday, as gains in the Travel & Leisure, Gas, Water & Multiutilities and Retailers sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.49%, while the SZSE Component index gained 1.86%.

The best performers of the session on the Shanghai Composite were Tengda Constr (SS:600512), which rose 10.10% or 0.400 points to trade at 4.360 at the close. Meanwhile, Tellhow (SS:600590) added 10.05% or 1.020 points to end at 11.170 and Sanxia Materia (SS:600293) was up 10.05% or 0.820 points to 8.980 in late trade.

The worst performers of the session were Zj Dongri (SS:600113), which fell 10.01% or 1.440 points to trade at 12.940 at the close. Yuguang (SS:600531) declined 10.01% or 1.880 points to end at 16.900 and Camel Group (SS:601311) was down 10.01% or 2.540 points to 22.840.

The top performers on the SZSE Component were Citic Offshore Helicopter Co Ltd (SZ:000099) which rose 10.04% to 15.02, Nanjing Red Sun Co Ltd (SZ:000525) which was up 10.04% to settle at 15.35 and Beijing Ultrapower Software (SZ:300002) which gained 10.03% to close at 13.71.

The worst performers were An Hui Wenergy Co Ltd (SZ:000543) which was down 10.00% to 15.57 in late trade, Shenzhen Deren Electronic Co Ltd (SZ:002055) which lost 10.00% to settle at 42.77 and AVCON Information Tech (SZ:300074) which was down 9.97% to 13.72 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 708 to 253.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.29% to 32.14.

Gold for August delivery was down 0.17% or 1.90 to $1145.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.68% or 0.35 to hit $51.76 a barrel, while the September Brent oil contract rose 0.33% or 0.19 to trade at $57.31 a barrel.

USD/CNY was up 0.00% to 6.2093, while EUR/CNY fell 0.23% to 6.7828.

The US Dollar Index was up 0.17% at 97.45.

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