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China stocks mixed at close of trade; Shanghai Composite up 0.18%

Published 08/24/2018, 03:35 AM
© Reuters.  China stocks mixed at close of trade; Shanghai Composite up 0.18%
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Investing.com – China stocks were mixed after the close on Friday, as gains in the Oil Equipment Services & Distribution, Banking and Financials 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 rose 0.18%, while the SZSE Component index fell 0.20%.

The best performers of the session on the Shanghai Composite were Wuhan East Lake High Technology Group Co Ltd (SS:600133), which rose 10.08% or 0.510 points to trade at 5.570 at the close. Meanwhile, Shenzhen Kingdom SCI Tech Co Ltd (SS:600446) added 10.02% or 0.950 points to end at 10.430 and Zhejiang Tiancheng Controls Co Ltd (SS:603085) was up 10.01% or 1.31 points to 14.40 in late trade.

The worst performers of the session were Gangtai Holdin (SS:600687), which fell 10.07% or 0.600 points to trade at 5.360 at the close. CSSC Offshore & Marine Engineering Group Co Ltd (SS:600685) declined 10.03% or 1.24 points to end at 11.12 and Korla Pear (SS:600506) was down 10.02% or 1.320 points to 11.850.

The top performers on the SZSE Component were Zhejiang IDC Fluid Control Co Ltd (SZ:002468) which rose 7.36% to 15.89, Ping An Bank Co Ltd (SZ:000001) which was up 7.16% to settle at 10.03 and Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which gained 7.07% to close at 5.91.

The worst performers were Beijing Kunlun Tech Co Ltd (SZ:300418) which was down 9.97% to 14.81 in late trade, Anhui Anke BioTech Group (SZ:300009) which lost 8.87% to settle at 14.80 and Guangdong Eastone Century Technology Co Ltd (SZ:300310) which was down 7.67% to 5.66 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 826 to 516 and 102 ended unchanged.

Shares in Gangtai Holdin (SS:600687) fell to 3-years lows; down 10.07% or 0.600 to 5.360. Shares in CSSC Offshore & Marine Engineering Group Co Ltd (SS:600685) fell to 3-years lows; falling 10.03% or 1.24 to 11.12. Shares in Korla Pear (SS:600506) fell to 3-years lows; losing 10.02% or 1.320 to 11.850. Shares in Beijing Kunlun Tech Co Ltd (SZ:300418) fell to all time lows; falling 9.97% or 1.64 to 14.81.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.56% to 21.40.

Gold Futures for December delivery was up 0.02% or 0.20 to $1194.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.71% or 0.48 to hit $68.31 a barrel, while the October Brent oil contract rose 0.67% or 0.50 to trade at $75.23 a barrel.

USD/CNY was up 0.05% to 6.8818, while EUR/CNY rose 0.23% to 7.9577.

The US Dollar Index Futures was down 0.10% at 95.45.

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