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China shares higher at close of trade; Shanghai Composite up 0.22%

Published 24/10/2017, 08:35
Updated 24/10/2017, 08:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.22%

Investing.com – China equities were higher at the close on Tuesday, as gains in the Real Estate Investments & Services, Financials and Travel & Leisure sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 0.22%, while the SZSE Component index climbed 0.29%.

The biggest gainers of the session on the Shanghai Composite were HangZhou Nbond Nonwovens Co Ltd (SS:603238), which rose 10.01% or 2.81 points to trade at 30.89 at the close. Tc Medical Inv (SS:600763) added 10.00% or 2.570 points to end at 28.260 and ButOne Information Corp XiAn (SS:600455) was up 9.99% or 3.810 points to 41.950 in late trade.

Biggest losers included Nanjing Inform Storage Equipment Group Co Ltd (SS:603066), which lost 10.02% or 1.68 points to trade at 15.08 in late trade. Hubei Kaile Science and Technology Co Ltd (SS:600260) declined 7.94% or 2.540 points to end at 29.450 and Shanghai Jiao Yun Group Co Ltd (SS:600676) shed 7.31% or 0.640 points to 8.110.

The top performers on the SZSE Component were Shenzhen Worldunion Properties Consultancy Inc (SZ:002285) which rose 6.91% to 13.15, Stanley Fertilizer Co Ltd (SZ:002588) which was up 5.34% to settle at 8.28 and Yango Group Co Ltd (SZ:000671) which gained 5.23% to close at 7.04.

The worst performers were Tongfang Guoxin Electronics Co Ltd (SZ:002049) which was down 7.00% to 31.51 in late trade, Changsha Jingjia Microelectronics Co Ltd (SZ:300474) which lost 6.58% to settle at 45.60 and Telling Telecommunication Holding Co Ltd (SZ:000829) which was down 5.05% to 10.52 at the close.

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Declining stocks outnumbered rising ones by 875 to 414 and 47 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 7.39% to 18.61.

In commodities trading, Gold Futures for December delivery was up 0.03% or 0.35 to $1281.25 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.13% or 0.07 to hit $51.83 a barrel, while the December Brent oil contract fell 0.19% or 0.11 to trade at $57.26 a barrel.

USD/CNY was down 0.08% to 6.6348, while EUR/CNY fell 0.08% to 7.7953.

The US Dollar Index Futures was up 0.06% at 93.78.

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