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China stocks higher at close of trade; Shanghai Composite up 0.91%

Published 06/12/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.91%
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Investing.com – China stocks were higher after the close on Tuesday, as gains in the Telecoms, Mobile and Travel & Leisure sectors led shares higher.

At the close in Shanghai, the Shanghai Composite added 0.91%, while the SZSE Component index added 1.38%.

The best performers of the session on the Shanghai Composite were Xiamen XGMA Machinery Co Ltd (SS:600815), which rose 10.12% or 0.410 points to trade at 4.460 at the close. Meanwhile, Shanghai Laiyifen Co Ltd (SS:603777) added 10.02% or 1.740 points to end at 19.100 and Chongqing Wanli New Energy Co Ltd (SS:600847) was up 10.02% or 1.240 points to 13.620 in late trade.

The worst performers of the session were Henan Rebecca Hair Products Co Ltd (SS:600439), which fell 10.00% or 0.530 points to trade at 4.770 at the close. Shenji Group Kunming Machine Tool Co Ltd (SS:600806) declined 10.00% or 0.250 points to end at 2.250 and Changyuan Group Ltd (SS:600525) was down 9.99% or 1.600 points to 14.420.

The top performers on the SZSE Component were Cofco Biochemical Anhui Co Ltd (SZ:000930) which rose 10.01% to 10.88, Hangzhou Tigermed Consulting (SZ:300347) which was up 10.01% to settle at 60.67 and Shenwu Environmental Tech (SZ:300156) which gained 9.97% to close at 8.38.

The worst performers were Hunan China Sun Pharma Machinery (SZ:300216) which was down 10.05% to 7.52 in late trade, Betta Pharmaceuticals Co Ltd (SZ:300558) which lost 4.46% to settle at 62.77 and Tianjin Chase Sun Pharmaceutical Co Ltd (SZ:300026) which was down 4.24% to 3.84 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 986 to 334 and 65 ended unchanged.

Shares in Henan Rebecca Hair Products Co Ltd (SS:600439) fell to 52-week lows; down 10.00% or 0.530 to 4.770. Shares in Shenji Group Kunming Machine Tool Co Ltd (SS:600806) fell to 5-year lows; falling 10.00% or 0.250 to 2.250. Shares in Hunan China Sun Pharma Machinery (SZ:300216) fell to 3-years lows; down 10.05% or 0.84 to 7.52.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 19.40.

Gold Futures for August delivery was down 0.08% or 1.00 to $1302.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.51% or 0.34 to hit $66.44 a barrel, while the August Brent oil contract rose 0.38% or 0.29 to trade at $76.75 a barrel.

USD/CNY was down 0.02% to 6.4004, while EUR/CNY rose 0.13% to 7.5534.

The US Dollar Index Futures was down 0.04% at 93.52.

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