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China stocks higher at close of trade; Shanghai Composite up 1.48%

Published 05/07/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 1.48%
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Investing.com – China stocks were higher after the close on Monday, as gains in the Software & Computer Services, Oil Equipment Services & Distribution and Real Estate Investments & Services sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 1.48%, while the SZSE Component index climbed 1.92%.

The best performers of the session on the Shanghai Composite were Yibin Paper Industry Co Ltd (SS:600793), which rose 10.03% or 1.93 points to trade at 21.18 at the close. Meanwhile, Anhui Golden Seed Winery Co Ltd (SS:600199) added 10.02% or 0.630 points to end at 6.920 and Hangzhou Youngsun Intelligent Equipment Co Ltd (SS:603901) was up 10.01% or 0.81 points to 8.90 in late trade.

The worst performers of the session were Aurora Optoelectronics Co Ltd (SS:600666), which fell 10.03% or 1.570 points to trade at 14.090 at the close. Zhejiang ChiMin Pharmaceutical Co Ltd (SS:603222) declined 9.96% or 1.21 points to end at 10.94 and Dahu Aquaculture Co Ltd (SS:600257) was down 7.43% or 0.550 points to 6.850.

The top performers on the SZSE Component were Beijing Lanxum Tech Co (SZ:300010) which rose 10.01% to 14.95, Yunnan Baiyao Group Co Ltd (SZ:000538) which was up 10.00% to settle at 109.00 and Beijing Shunxin Agriculture Co Ltd (SZ:000860) which gained 10.00% to close at 30.04.

The worst performers were Sichuan Danfu Compressor Co Ltd (SZ:002366) which was down 5.75% to 24.93 in late trade, Cefc Anhui International Holding Co Ltd (SZ:002018) which lost 5.08% to settle at 3.55 and Shen Zhen Bauing Construction Holding Group Co Ltd (SZ:002047) which was down 4.34% to 7.05 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1270 to 73 and 25 ended unchanged.

Shares in Aurora Optoelectronics Co Ltd (SS:600666) fell to 3-years lows; losing 10.03% or 1.570 to 14.090. Shares in Zhejiang ChiMin Pharmaceutical Co Ltd (SS:603222) fell to 52-week lows; falling 9.96% or 1.21 to 10.94. Shares in Beijing Lanxum Tech Co (SZ:300010) rose to 52-week highs; gaining 10.01% or 1.36 to 14.95. Shares in Yunnan Baiyao Group Co Ltd (SZ:000538) rose to all time highs; rising 10.00% or 9.91 to 109.00. Shares in Cefc Anhui International Holding Co Ltd (SZ:002018) fell to 5-year lows; losing 5.08% or 0.19 to 3.55. Shares in Beijing Shunxin Agriculture Co Ltd (SZ:000860) rose to all time highs; up 10.00% or 2.73 to 30.04.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.50% to 22.35.

Gold Futures for June delivery was down 0.13% or 1.70 to $1313.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.80% or 0.56 to hit $70.28 a barrel, while the July Brent oil contract rose 0.68% or 0.51 to trade at $75.38 a barrel.

USD/CNY was down 0.03% to 6.3605, while EUR/CNY fell 0.32% to 7.5879.

The US Dollar Index Futures was up 0.18% at 92.59.

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