Investing.com – China equities were higher at the close on Monday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite added 0.91%, while the SZSE Component index gained 1.52%.
The biggest gainers of the session on the Shanghai Composite were Interchina Wat (SS:600187), which rose 10.07% or 0.550 points to trade at 6.010 at the close. Huading (SS:600243) added 10.05% or 1.040 points to end at 11.390 and Shanghai Const (SS:600170) was up 10.05% or 0.870 points to 9.530 in late trade.
Biggest losers included Sinotex Invest (SS:600061), which lost 9.99% or 3.780 points to trade at 34.040 in late trade. MeiDu Energy Corp (SS:600175) declined 9.96% or 1.060 points to end at 9.580 and Jinniu Chem (SS:600722) shed 4.93% or 0.340 points to 6.560.
The top performers on the SZSE Component were Guizhou Xinbang Pharmaceutical Co Ltd (SZ:002390) which rose 10.03% to 16.13, Shandong Polymer Biochemicals Co Ltd (SZ:002476) which was up 10.03% to settle at 12.830 and Elec-Tech International Co Ltd (SZ:002005) which gained 10.03% to close at 8.78.
The worst performers were Zhejiang Yasha Decoration Co Ltd (SZ:002375) which was down 10.00% to 26.29 in late trade, Songcheng Performance Develop (SZ:300144) which lost 10.00% to settle at 68.82 and Zhejiang Wanma Co Ltd (SZ:002276) which was down 9.99% to 30.74 at the close.
Advancing stocks outnumbered falling ones by 689 to 276 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.35% to 29.52.
In commodities trading, Gold for August delivery was down 1.55% or 17.60 to $1114.30 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.07% or 0.04 to hit $51.17 a barrel, while the September Brent oil contract fell 0.18% or 0.10 to trade at $56.99 a barrel.
USD/CNY was up 0.00% to 6.2098, while EUR/CNY rose 0.17% to 6.7379.
The US Dollar Index was down 0.11% at 97.98.