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China stocks higher at close of trade; Shanghai Composite up 1.72%

Published 06/02/2015, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 1.72%
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Investing.com – China stocks were higher after the close on Tuesday, as gains in the Software & Computer Services, Technology and Media sectors led shares higher.

At the close in Shanghai, the Shanghai Composite rose 1.72%, while the SZSE Component index climbed 3.36%.

The best performers of the session on the Shanghai Composite were Js Chunlan (SS:600854), which rose 10.04% or 1.070 points to trade at 11.730 at the close. Meanwhile, Wintime Energy (SS:600157) added 10.03% or 0.97 points to end at 10.64 and Jangho Curtain (SS:601886) was up 10.03% or 1.780 points to 19.530 in late trade.

The worst performers of the session were Dawning Information (SS:603019), which fell 5.49% or 8.07 points to trade at 138.80 at the close. Ch Jialing Ind (SS:600877) declined 4.56% or 0.720 points to end at 15.080 and Datang Telecom (SS:600198) was down 4.17% or 2.160 points to 49.650.

The top performers on the SZSE Component were Huayi Brothers Media Corp (SZ:300027) which rose 10.01% to 48.35, AVIC Aircraft Co Ltd (SZ:000768) which was up 10.00% to settle at 48.50 and Weichai Power Co Ltd (SZ:000338) which gained 10.00% to close at 35.43.

The worst performers were Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which was down 1.39% to 98.60 in late trade, Gree Electric Appliances Inc of Zhuhai (SZ:000651) which lost 1.38% to settle at 64.15 and Yunnan Baiyao Group Co Ltd (SZ:000538) which was down 1.19% to 77.08 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 809 to 140.

Shares in Js Chunlan (SS:600854) rose to all time highs; up 10.04% or 1.070 to 11.730. Shares in Wintime Energy (SS:600157) rose to all time highs; rising 10.03% or 0.97 to 10.64. Shares in Jangho Curtain (SS:601886) rose to all time highs; rising 10.03% or 1.780 to 19.530. Shares in Huayi Brothers Media Corp (SZ:300027) rose to all time highs; rising 10.01% or 4.40 to 48.35. Shares in AVIC Aircraft Co Ltd (SZ:000768) rose to all time highs; up 10.00% or 4.41 to 48.50. Shares in Weichai Power Co Ltd (SZ:000338) rose to 52-week highs; rising 10.00% or 3.22 to 35.43.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 1.96% to 31.18.

Gold for August delivery was down 0.04% or 0.50 to $1188.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.76% or 0.46 to hit $60.66 a barrel, while the July Brent oil contract rose 0.68% or 0.44 to trade at $65.32 a barrel.

USD/CNY was down 0.02% to 6.1980, while EUR/CNY rose 0.39% to 6.8015.

The US Dollar Index was down 0.36% at 97.18.

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