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China shares higher at close of trade; Shanghai Composite up 1.02%

Published 30/10/2018, 07:35
Updated 30/10/2018, 07:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 1.02%

Investing.com – China equities were higher at the close on Tuesday, as gains in the Real Estate Investments & Services, Financials and Media sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 1.02%, while the SZSE Component index added 0.72%.

The biggest gainers of the session on the Shanghai Composite were Routon Electronic Co Ltd (SS:600355), which rose 10.17% or 0.300 points to trade at 3.250 at the close. Lotus Health Group Co (SS:600186) added 10.17% or 0.180 points to end at 1.950 and Harbin Hatou Investment Co Ltd (SS:600864) was up 10.13% or 0.39 points to 4.24 in late trade.

Biggest losers included Hengtong Optic Electric Co Ltd (SS:600487), which lost 10.01% or 1.770 points to trade at 15.910 in late trade. Anhui Andeli Department Store Co Ltd (SS:603031) declined 10.01% or 1.760 points to end at 15.820 and Guangzhou Holike Creative Home Co Ltd (SS:603898) shed 9.71% or 1.74 points to 16.18.

The top performers on the SZSE Component were Sealand Securities Co Ltd (SZ:000750) which rose 10.11% to 4.90, Suzhou Anjie Technology Co Ltd (SZ:002635) which was up 10.05% to settle at 12.16 and Apex Technology Co Ltd (SZ:002180) which gained 9.99% to close at 24.01.

The worst performers were Guangdong Homa Appliances Co Ltd (SZ:002668) which was down 10.01% to 10.61 in late trade, Hedy Holding Co Ltd (SZ:002027) which lost 8.58% to settle at 5.86 and Zhejiang Semir Garment Co Ltd (SZ:002563) which was down 8.52% to 7.95 at the close.

Advancing stocks outnumbered falling ones by 1166 to 260 and 38 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 33.30 a new 6-month high.

In commodities trading, Gold Futures for December delivery was down 0.45% or 5.50 to $1227.00 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.06% or 0.04 to hit $67.08 a barrel, while the January Brent oil contract fell 0.23% or 0.18 to trade at $77.16 a barrel.

USD/CNY was up 0.03% to 6.9642, while EUR/CNY fell 0.05% to 7.9151.

The US Dollar Index Futures was up 0.20% at 96.54.

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