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China shares higher at close of trade; Shanghai Composite up 0.13%

Published 01/11/2018, 07:35
Updated 01/11/2018, 07:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.13%

© Reuters. China shares higher at close of trade; Shanghai Composite up 0.13%

Investing.com – China equities were higher at the close on Thursday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.13%, while the SZSE Component index climbed 1.14%.

The biggest gainers of the session on the Shanghai Composite were Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd (SS:600425), which rose 10.13% or 0.310 points to trade at 3.370 at the close. Ningbo Techmation Co Ltd (SS:603015) added 10.07% or 0.590 points to end at 6.450 and Beijing AriTime Intelligent Control Co Ltd (SS:600560) was up 10.07% or 0.690 points to 7.540 in late trade.

Biggest losers included Zhejiang Shenghua Biok Biology Co Ltd (SS:600226), which lost 10.00% or 0.410 points to trade at 3.690 in late trade. Jiangsu SINOJIT Wind Energy Technology Co Ltd (SS:601218) declined 8.52% or 0.260 points to end at 2.790 and Hunan Huasheng Co Ltd (SS:600156) shed 5.66% or 0.280 points to 4.670.

The top performers on the SZSE Component were Zhejiang Semir Garment Co Ltd (SZ:002563) which rose 10.06% to 8.75, Csg Smart Science&Technology Co Ltd (SZ:300222) which was up 10.00% to settle at 16.28 and Yifan Xinfu Pharmaceutical Co Ltd (SZ:002019) which gained 9.49% to close at 11.08.

The worst performers were Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which was down 10.03% to 13.28 in late trade, Guangdong Homa Appliances Co Ltd (SZ:002668) which lost 9.95% to settle at 8.60 and Henan Shuanghui Investment & Development Co Ltd (SZ:000895) which was down 3.73% to 21.70 at the close.

Advancing stocks outnumbered falling ones by 723 to 638 and 108 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 29.33.

In commodities trading, Gold Futures for December delivery was up 1.08% or 13.10 to $1225.40 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.29% or 0.19 to hit $65.12 a barrel, while the January Brent oil contract fell 0.83% or 0.63 to trade at $74.84 a barrel.

USD/CNY was down 0.39% to 6.9488, while EUR/CNY rose 0.02% to 7.8938.

The US Dollar Index Futures was down 0.38% at 96.53.

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