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China stocks higher at close of trade; Shanghai Composite up 1.07%

Published 07/23/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 1.07%
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Investing.com – China stocks were higher after the close on Monday, as gains in the Real Estate Investments & Services, Software & Computer Services and Telecoms sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 1.07%, while the SZSE Component index added 0.68%.

The best performers of the session on the Shanghai Composite were Guizhou Changzheng Tiancheng Holding Co Ltd (SS:600112), which rose 10.13% or 0.310 points to trade at 3.370 at the close. Meanwhile, Long Yuan Construction Group Co Ltd (SS:600491) added 10.06% or 0.700 points to end at 7.660 and Jiangsu Hongdou Industrial Co Ltd (SS:600400) was up 10.03% or 0.370 points to 4.060 in late trade.

The worst performers of the session were Henan Oriental Silver Star Investment Co Ltd (SS:600753), which fell 10.01% or 1.79 points to trade at 16.09 at the close. Shanghai Hile Bio Technology Co Ltd (SS:603718) declined 10.01% or 1.510 points to end at 13.580 and Hainan Airlines Co Ltd A (SS:600221) was down 9.97% or 0.290 points to 2.620.

The top performers on the SZSE Component were CCOOP Group Co Ltd (SZ:000564) which rose 10.02% to 4.72, Qingdao TGOOD Electric Co Ltd (SZ:300001) which was up 10.02% to settle at 14.82 and Jiangxi Zhengbang Technology Co Ltd (SZ:002157) which gained 10.00% to close at 4.07.

The worst performers were Huawen Media Investment Corp (SZ:000793) which was down 10.08% to 4.46 in late trade, Dare Technology Co Ltd (SZ:000910) which lost 10.02% to settle at 13.20 and Shenzhen Kangtai Biological Products Co Ltd (SZ:300601) which was down 10.00% to 57.96 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1021 to 349 and 51 ended unchanged.

Shares in Henan Oriental Silver Star Investment Co Ltd (SS:600753) fell to 52-week lows; down 10.01% or 1.79 to 16.09. Shares in Hainan Airlines Co Ltd A (SS:600221) fell to 3-years lows; down 9.97% or 0.290 to 2.620. Shares in Huawen Media Investment Corp (SZ:000793) fell to 5-year lows; falling 10.08% or 0.50 to 4.46. Shares in Dare Technology Co Ltd (SZ:000910) fell to 52-week lows; losing 10.02% or 1.47 to 13.20.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.59.

Gold Futures for August delivery was down 0.04% or 0.50 to $1230.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.09% or 0.06 to hit $68.20 a barrel, while the September Brent oil contract rose 0.01% or 0.01 to trade at $73.08 a barrel.

USD/CNY was up 0.04% to 6.7728, while EUR/CNY rose 0.14% to 7.9471.

The US Dollar Index Futures was down 0.20% at 94.06.

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