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China shares higher at close of trade; Shanghai Composite up 0.42%

Published 04/12/2018, 07:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.42%
FTXIN4651020
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FTXIN40570
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FTXIN4405010
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SSEC
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600165
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600462
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600774
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600818
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600831
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000917
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002075
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002147
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002411
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300324
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Investing.com – China equities were higher at the close on Tuesday, as gains in the Travel & Leisure, Gas, Water & Multiutilities and Oil Equipment Services & Distribution sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.42%, while the SZSE Component index climbed 0.19%.

The biggest gainers of the session on the Shanghai Composite were Shenzhen Geoway Co Ltd (SS:600462), which rose 10.14% or 0.350 points to trade at 3.800 at the close. Zhonglu Co Ltd A (SS:600818) added 9.99% or 1.090 points to end at 12.000 and Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165) was up 9.98% or 0.490 points to 5.400 in late trade.

Biggest losers included Xinjiang Winka Times Department Store Co Ltd (SS:603101), which lost 7.66% or 1.410 points to trade at 17.000 in late trade. Wuhan Hanshang Group Co Ltd (SS:600774) declined 7.52% or 1.240 points to end at 15.260 and Shaanxi Broadcast & TV Network Intermediary Group Co Ltd (SS:600831) shed 6.24% or 0.490 points to 7.360.

The top performers on the SZSE Component were Jiangsu Shagang Co Ltd (SZ:002075) which rose 10.06% to 9.19, Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which was up 10.00% to settle at 6.93 and Jiangsu Jiujiujiu Technology Co Ltd (SZ:002411) which gained 10.00% to close at 22.21.

The worst performers were Beijing Watertek Information Technology Co Ltd (SZ:300324) which was down 4.97% to 6.89 in late trade, Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which lost 4.92% to settle at 5.02 and Jiangsu Zhongnan Construction Group Co Ltd (SZ:000961) which was down 3.61% to 6.15 at the close.

Advancing stocks outnumbered falling ones by 1025 to 353 and 98 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 23.69 a new 1-month low.

In commodities trading, Gold Futures for February delivery was up 0.23% or 2.80 to $1242.40 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.08% or 0.57 to hit $53.52 a barrel, while the February Brent oil contract rose 1.04% or 0.64 to trade at $62.33 a barrel.

USD/CNY was down 0.59% to 6.8429, while EUR/CNY fell 0.33% to 7.7886.

The US Dollar Index Futures was down 0.32% at 96.657.

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