Investing.com – China equities were higher at the close on Monday, as gains in the Oil Equipment Services & Distribution, Technology Hardware & Equipment and Technology sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite rose 0.56% to hit a new 1-month high, while the SZSE Component index climbed 0.59%.
The biggest gainers of the session on the Shanghai Composite were Citic Guoan Wine Co Ltd (SS:600084), which rose 10.17% or 0.300 points to trade at 3.250 at the close. Shanghai Hongda Mining Co Ltd (SS:600532) added 10.07% or 0.450 points to end at 4.920 and Zhejiang Huazheng New Material Co Ltd (SS:603186) was up 9.99% or 1.64 points to 18.05 in late trade.
Biggest losers included Fujian Anjoy Foods Co Ltd (SS:603345), which lost 7.13% or 2.77 points to trade at 36.07 in late trade. Pengqi Technology Development Co Ltd A (SS:600614) declined 6.23% or 0.380 points to end at 5.720 and Shanghai No1 Pharmacy Co Ltd (SS:600833) shed 5.62% or 0.600 points to 10.070.
The top performers on the SZSE Component were Jiaozuo Wanfang Aluminum (SZ:000612) which rose 10.07% to 4.92, Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which was up 9.95% to settle at 6.08 and Yangzhou Yangjie Electronic Technology Co Ltd (SZ:300373) which gained 8.33% to close at 15.60.
The worst performers were Fujian Guanfu Modern Household Wares Co Ltd (SZ:002102) which was down 4.92% to 1.74 in late trade, Zhejiang Hexin Industry Group Co Ltd (SZ:002343) which lost 4.80% to settle at 8.72 and Suzhou Anjie Technology Co Ltd (SZ:002635) which was down 4.19% to 10.74 at the close.
Advancing stocks outnumbered falling ones by 857 to 510 and 113 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 3.31% to 21.02 a new 3-month low.
In commodities trading, Gold Futures for February delivery was down 0.03% or 0.35 to $1282.25 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.30% or 0.16 to hit $54.20 a barrel, while the March Brent oil contract rose 0.21% or 0.13 to trade at $62.83 a barrel.
USD/CNY was up 0.19% to 6.7893, while EUR/CNY rose 0.32% to 7.7287.
The US Dollar Index Futures was down 0.09% at 95.905.