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China shares higher at close of trade; Shanghai Composite up 0.44%

Published 10/07/2018, 08:35
Updated 10/07/2018, 08:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.44%

Investing.com – China equities were higher at the close on Tuesday, as gains in the Travel & Leisure, Telecoms and Mobile sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 0.44%, while the SZSE Component index climbed 0.49%.

The biggest gainers of the session on the Shanghai Composite were Shanghai Hongda Mining Co Ltd (SS:600532), which rose 10.14% or 0.370 points to trade at 4.020 at the close. Sichuan Western Resources Holding Co Ltd (SS:600139) added 10.12% or 0.410 points to end at 4.460 and Well Lead Medical Co Ltd (SS:603309) was up 10.03% or 1.18 points to 12.95 in late trade.

Biggest losers included Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165), which lost 9.98% or 1.200 points to trade at 10.830 in late trade. Huayi Electric Co Ltd (SS:600290) declined 9.95% or 0.730 points to end at 6.610 and Zhengping Road & Bridge Construction Co Ltd (SS:603843) shed 5.83% or 0.480 points to 7.760.

The top performers on the SZSE Component were China West Construction Group Co Ltd (SZ:002302) which rose 10.03% to 11.52, All Winner Technology Co Ltd (SZ:300458) which was up 9.98% to settle at 19.40 and Tibet Mineral Development Co Ltd (SZ:000762) which gained 9.97% to close at 10.37.

The worst performers were Yinji Entertainment Media Co Ltd (SZ:002143) which was down 10.02% to 9.79 in late trade, Beijing Lanxum Tech Co (SZ:300010) which lost 10.00% to settle at 10.44 and Xingyuan Environment Technology Co Ltd (SZ:300266) which was down 9.98% to 9.56 at the close.

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Advancing stocks outnumbered falling ones by 1001 to 335 and 76 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 24.04.

In commodities trading, Gold Futures for August delivery was down 0.19% or 2.40 to $1257.20 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.42% or 0.31 to hit $74.16 a barrel, while the September Brent oil contract rose 0.67% or 0.52 to trade at $78.59 a barrel.

USD/CNY was down 0.02% to 6.6146, while EUR/CNY fell 0.06% to 7.7699.

The US Dollar Index Futures was up 0.07% at 93.87.

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