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China stocks mixed at close of trade; Shanghai Composite up 0.01%

Published 01/16/2019, 02:35 AM
© Reuters.  China stocks mixed at close of trade; Shanghai Composite up 0.01%
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Investing.com – China stocks were mixed after the close on Wednesday, as gains in the Media, Real Estate Investments & Services and Electricity sectors led shares higher while losses in the Telecoms, Mobile and Technology Hardware & Equipment sectors led shares lower.

At the close in Shanghai, the Shanghai Composite added 0.01%, while the SZSE Component index fell 0.09%.

The best performers of the session on the Shanghai Composite were Wintime Energy Co Ltd (SS:600157), which rose 10.17% or 0.180 points to trade at 1.950 at the close. Meanwhile, Yunnan Coal & Energy Co Ltd (SS:600792) added 10.16% or 0.310 points to end at 3.360 and Tianjin Quanyechang Group Co Ltd (SS:600821) was up 10.07% or 0.420 points to 4.590 in late trade.

The worst performers of the session were Sanan Optoelectronics Co Ltd (SS:600703), which fell 10.00% or 1.160 points to trade at 10.440 at the close. Zhongchangmari (SS:600242) declined 9.89% or 1.470 points to end at 13.400 and Nancal Energy-Saving Technology Co Ltd (SS:603859) was down 7.32% or 1.540 points to 19.490.

The top performers on the SZSE Component were Yinji Entertainment Media Co Ltd (SZ:002143) which rose 10.10% to 3.27, Shanxi Meijin Energy Co Ltd (SZ:000723) which was up 10.08% to settle at 4.15 and Beijing Baofeng Technology Co Ltd (SZ:300431) which gained 10.06% to close at 9.74.

The worst performers were CITIC Guoan Information Industry Co Ltd (SZ:000839) which was down 8.59% to 3.30 in late trade, YOUZU Interactive Co Ltd (SZ:002174) which lost 6.31% to settle at 18.100 and Shenzhen O-Film Tech Co Ltd (SZ:002456) which was down 5.23% to 8.70 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 834 to 565 and 81 ended unchanged.

Shares in Sanan Optoelectronics Co Ltd (SS:600703) fell to 3-years lows; losing 10.00% or 1.160 to 10.440. Shares in Shenzhen O-Film Tech Co Ltd (SZ:002456) fell to 52-week lows; falling 5.23% or 0.48 to 8.70.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.25 a new 3-months low.

Gold Futures for February delivery was up 0.17% or 2.25 to $1290.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.17% or 0.09 to hit $52.20 a barrel, while the March Brent oil contract rose 0.28% or 0.17 to trade at $60.81 a barrel.

USD/CNY was up 0.06% to 6.7638, while EUR/CNY fell 0.04% to 7.7104.

The US Dollar Index Futures was down 0.05% at 95.627.

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