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

Published 07/20/2015, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 0.91%
EUR/CNY
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FTXIN4101010
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FTXIN4101020
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FTXIN410
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VXFXI
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600061
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600170
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600175
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600187
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600722
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SZI
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002005
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Investing.com – China stocks were higher after the close on Monday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.91%, while the SZSE Component index climbed 1.52%.

The best performers of the session on the Shanghai Composite were Interchina Wat (SS:600187), which rose 10.07% or 0.550 points to trade at 6.010 at the close. Meanwhile, Huading (SS:600243) added 10.05% or 1.040 points to end at 11.390 and Shanghai Const (SS:600170) was up 10.05% or 0.870 points to 9.530 in late trade.

The worst performers of the session were Sinotex Invest (SS:600061), which fell 9.99% or 3.780 points to trade at 34.040 at the close. MeiDu Energy Corp (SS:600175) declined 9.96% or 1.060 points to end at 9.580 and Jinniu Chem (SS:600722) was down 4.93% or 0.340 points to 6.560.

The top performers on the SZSE Component were Guizhou Xinbang Pharmaceutical Co Ltd (SZ:002390) which rose 10.03% to 16.13, Shandong Polymer Biochemicals Co Ltd (SZ:002476) which was up 10.03% to settle at 12.830 and Elec-Tech International Co Ltd (SZ:002005) which gained 10.03% to close at 8.78.

The worst performers were Zhejiang Yasha Decoration Co Ltd (SZ:002375) which was down 10.00% to 26.29 in late trade, Songcheng Performance Develop (SZ:300144) which lost 10.00% to settle at 68.82 and Zhejiang Wanma Co Ltd (SZ:002276) which was down 9.99% to 30.74 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 689 to 276.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.35% to 29.52.

Gold for August delivery was down 1.56% or 17.70 to $1114.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.08% or 0.04 to hit $51.17 a barrel, while the September Brent oil contract fell 0.18% or 0.10 to trade at $57.00 a barrel.

USD/CNY was up 0.00% to 6.2098, while EUR/CNY rose 0.17% to 6.7379.

The US Dollar Index was down 0.11% at 97.98.

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