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China shares higher at close of trade; Shanghai Composite up 0.81%

Published 30/11/2018, 07:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.81%
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Investing.com – China equities were higher at the close on Friday, as gains in the Oil Equipment Services & Distribution, Travel & Leisure and Software & Computer Services sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.81%, while the SZSE Component index gained 1.11%.

The biggest gainers of the session on the Shanghai Composite were Jiangsu Sunrain Solar Energy Co Ltd (SS:603366), which rose 10.10% or 0.420 points to trade at 4.580 at the close. BanBao Co Ltd (SS:603398) added 10.02% or 1.040 points to end at 11.420 and SEC Electric Machinery Co Ltd (SS:603988) was up 10.00% or 0.98 points to 10.78 in late trade.

Biggest losers included Ginwa Enterprise Group Inc (SS:600080), which lost 10.00% or 1.170 points to trade at 10.530 in late trade. Guangxi Radio and Television Information Network Corp Ltd (SS:600936) declined 9.64% or 0.460 points to end at 4.310 and Nanjing Kangni Mechanical & Electrical Co Ltd (SS:603111) shed 9.34% or 0.44 points to 4.27.

The top performers on the SZSE Component were Cangzhou Mingzhu Plastic Co Ltd (SZ:002108) which rose 10.12% to 4.57, Jiangsu Jiujiujiu Technology Co Ltd (SZ:002411) which was up 10.01% to settle at 18.35 and Sichuan Yahua Industrial Group Co Ltd (SZ:002497) which gained 9.97% to close at 7.61.

The worst performers were Beijing Watertek Information Technology Co Ltd (SZ:300324) which was down 9.95% to 7.69 in late trade, Guangdong Homa Appliances Co Ltd (SZ:002668) which lost 8.10% to settle at 5.56 and Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which was down 6.82% to 6.15 at the close.

Advancing stocks outnumbered falling ones by 984 to 412 and 78 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 28.58.

In commodities trading, Gold Futures for February delivery was down 0.06% or 0.70 to $1229.70 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.02% or 0.01 to hit $51.46 a barrel, while the February Brent oil contract rose 0.30% or 0.18 to trade at $60.09 a barrel.

USD/CNY was up 0.01% to 6.9436, while EUR/CNY fell 0.01% to 7.9069.

The US Dollar Index Futures was up 0.02% at 96.718.

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