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China stocks higher at close of trade; Shanghai Composite up 1.82%

Published 09/18/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 1.82%
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Investing.com – China stocks were higher after the close on Tuesday, as gains in the Life Insurance, Software & Computer Services and Retailers sectors led shares higher.

At the close in Shanghai, the Shanghai Composite gained 1.82%, while the SZSE Component index added 1.67%.

The best performers of the session on the Shanghai Composite were Hefei Metalforming Intelligent Manufacturing Co Ltd (SS:603011), which rose 10.09% or 0.46 points to trade at 5.02 at the close. Meanwhile, Shanghai Hile Bio Technology Co Ltd (SS:603718) added 10.07% or 0.720 points to end at 7.870 and Liuzhou Iron & Steel Co Ltd (SS:601003) was up 10.07% or 0.720 points to 7.870 in late trade.

The worst performers of the session were Sichuan Golden Summit Group Joint Stock Co Ltd (SS:600678), which fell 9.96% or 1.020 points to trade at 9.220 at the close. Zhongzai Resources and Environment Co Ltd (SS:600217) declined 9.95% or 0.61 points to end at 5.52 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) was down 5.47% or 1.50 points to 25.91.

The top performers on the SZSE Component were Yinji Entertainment Media Co Ltd (SZ:002143) which rose 10.06% to 3.94, Zhejiang Huace Film TV Co (SZ:300133) which was up 10.02% to settle at 10.10 and Beijing Shunxin Agriculture Co Ltd (SZ:000860) which gained 9.34% to close at 42.60.

The worst performers were Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which was down 10.04% to 2.15 in late trade, Xinzhi Motor Co Ltd (SZ:002664) which lost 10.00% to settle at 12.60 and Meisheng Cultural & Creative Corp Ltd (SZ:002699) which was down 9.88% to 9.94 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1321 to 102 and 29 ended unchanged.

Shares in Zhongzai Resources and Environment Co Ltd (SS:600217) fell to 3-years lows; falling 9.95% or 0.61 to 5.52. Shares in Chuying Agro-Pastoral Group Co Ltd (SZ:002477) fell to all time lows; down 10.04% or 0.24 to 2.15. Shares in Xinzhi Motor Co Ltd (SZ:002664) fell to 3-years lows; losing 10.00% or 1.40 to 12.60. Shares in Meisheng Cultural & Creative Corp Ltd (SZ:002699) fell to 3-years lows; down 9.88% or 1.09 to 9.94.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 23.82.

Gold Futures for December delivery was down 0.34% or 4.10 to $1201.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.22% or 0.15 to hit $68.53 a barrel, while the November Brent oil contract fell 0.40% or 0.31 to trade at $77.74 a barrel.

USD/CNY was up 0.02% to 6.8591, while EUR/CNY rose 0.06% to 8.0166.

The US Dollar Index Futures was up 0.01% at 94.10.

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