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China stocks higher at close of trade; Shanghai Composite up 2.70%

Published 11/02/2018, 03:35 AM
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 2.70%
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Investing.com – China stocks were higher after the close on Friday, as gains in the Travel & Leisure, Technology Hardware & Equipment and Technology sectors led shares higher.

At the close in Shanghai, the Shanghai Composite added 2.70%, while the SZSE Component index added 3.96%.

The best performers of the session on the Shanghai Composite were Yaxing Chem (SS:600319), which rose 10.10% or 0.410 points to trade at 4.470 at the close. Meanwhile, Chunghsin Technology Group Co Ltd (SS:603996) added 10.05% or 0.860 points to end at 9.420 and Neusoft Corp (SS:600718) was up 10.05% or 0.990 points to 10.840 in late trade.

The worst performers of the session were Zhejiang Shenghua Biok Biology Co Ltd (SS:600226), which fell 10.03% or 0.370 points to trade at 3.320 at the close. Jiangsu Hongtu High Technology Co Ltd (SS:600122) declined 10.00% or 0.740 points to end at 6.660 and Eastern Gold Jade Co Ltd (SS:600086) was down 9.96% or 1.000 points to 9.040.

The top performers on the SZSE Component were Beijing Baofeng Technology Co Ltd (SZ:300431) which rose 10.04% to 10.30, Zhejiang Sanhua Co Ltd (SZ:002050) which was up 10.04% to settle at 12.49 and Zhejiang Dahua Technology Co Ltd (SZ:002236) which gained 10.04% to close at 13.04.

The worst performers were Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which was down 10.02% to 11.95 in late trade, Guangdong Homa Appliances Co Ltd (SZ:002668) which lost 10.00% to settle at 7.74 and ORG Packaging Co Ltd (SZ:002701) which was down 1.47% to 5.37 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1424 to 39 and 7 ended unchanged.

Shares in Zhejiang Shenghua Biok Biology Co Ltd (SS:600226) fell to 3-years lows; down 10.03% or 0.370 to 3.320. Shares in Jiangsu Hongtu High Technology Co Ltd (SS:600122) fell to 3-years lows; falling 10.00% or 0.740 to 6.660. Shares in Eastern Gold Jade Co Ltd (SS:600086) fell to 52-week lows; losing 9.96% or 1.000 to 9.040. Shares in Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) fell to 52-week lows; falling 10.02% or 1.33 to 11.95. Shares in Guangdong Homa Appliances Co Ltd (SZ:002668) fell to 5-year lows; losing 10.00% or 0.86 to 7.74.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 29.45.

Gold Futures for December delivery was down 0.01% or 0.10 to $1235.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.44% or 0.28 to hit $63.41 a barrel, while the January Brent oil contract fell 0.23% or 0.17 to trade at $72.72 a barrel.

USD/CNY was down 0.41% to 6.8949, while EUR/CNY fell 0.19% to 7.8839.

The US Dollar Index Futures was down 0.15% at 95.94.

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