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China shares higher at close of trade; Shanghai Composite up 0.49%

Published 22/06/2018, 08:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.49%
FTXIN4403010
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600393
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600432
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600568
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600609
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002280
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Investing.com – China equities were higher at the close on Friday, as gains in the Software & Computer Services, Media and Oil Equipment Services & Distribution sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 0.49%, while the SZSE Component index gained 1.00%.

The biggest gainers of the session on the Shanghai Composite were Aurora Optoelectronics Co Ltd (SS:600666), which rose 10.14% or 0.350 points to trade at 3.800 at the close. Cultural Investment Holdings Co Ltd (SS:600715) added 10.05% or 0.610 points to end at 6.680 and Shenyang Jinbei Automotive Co Ltd (SS:600609) was up 10.05% or 0.440 points to 4.820 in late trade.

Biggest losers included Jien Nickel (SS:600432), which lost 10.32% or 0.130 points to trade at 1.130 in late trade. Zhongzhu Medical Holdings Co Ltd (SS:600568) declined 10.02% or 0.650 points to end at 5.840 and Guangzhou Yuetai Group Co Ltd (SS:600393) shed 10.00% or 0.430 points to 3.870.

The top performers on the SZSE Component were Hangzhou New Century Info Tech (SZ:002280) which rose 10.00% to 5.50, Beijing Easpring Material Tech (SZ:300073) which was up 10.00% to settle at 31.78 and Hangzhou Shunwang Tech (SZ:300113) which gained 10.00% to close at 16.72.

The worst performers were Zhejiang IDC Fluid Control Co Ltd (SZ:002468) which was down 9.99% to 17.74 in late trade, ZTE Corp (SZ:000063) which lost 9.98% to settle at 14.98 and Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) which was down 9.97% to 11.02 at the close.

Advancing stocks outnumbered falling ones by 1192 to 173 and 28 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 22.60.

In commodities trading, Gold Futures for August delivery was unchanged 0.00% or 0.00 to $1270.50 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.21% or 0.79 to hit $66.33 a barrel, while the August Brent oil contract rose 1.42% or 1.04 to trade at $74.09 a barrel.

USD/CNY was up 0.10% to 6.5004, while EUR/CNY rose 0.52% to 7.5746.

The US Dollar Index Futures was down 0.29% at 94.27.

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