👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

China shares higher at close of trade; Shanghai Composite up 1.05%

Published 28/11/2018, 07:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 1.05%
FTXIN4403010
-
FTXIN4351010
-
FTXIN4405010
-
SSEC
-
VXFXI
-
600130
-
600538
-
600635
-
600825
-
601929
-
SZI
-
000839
-
002320
-
000917
-
000156
-
000979
-
002411
-
600996
-

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

At the close in Shanghai, the Shanghai Composite added 1.05%, while the SZSE Component index climbed 1.60%.

The biggest gainers of the session on the Shanghai Composite were JiShi Media Co Ltd (SS:601929), which rose 10.14% or 0.220 points to trade at 2.390 at the close. Guizhou BC&TV Information Network Co Ltd (SS:600996) added 10.08% or 0.650 points to end at 7.100 and Ningbo Bird Co Ltd (SS:600130) was up 10.06% or 0.360 points to 3.940 in late trade.

Biggest losers included Shanghai DaZhong Public Utilities Group Co Ltd (SS:600635), which lost 10.05% or 0.620 points to trade at 5.550 in late trade. Beihai Gofar Marine Biological Industry Co Ltd (SS:600538) declined 10.02% or 0.530 points to end at 4.760 and Shanghai Xinhua Media Co Ltd (SS:600825) shed 9.92% or 0.700 points to 6.360.

The top performers on the SZSE Component were CITIC Guoan Information Industry Co Ltd (SZ:000839) which rose 10.06% to 3.94, Hainan Strait Shipping Co Ltd (SZ:002320) which was up 10.02% to settle at 14.38 and Wasu Media Holding Co Ltd (SZ:000156) which gained 9.98% to close at 9.81.

The worst performers were Jiangsu Jiujiujiu Technology Co Ltd (SZ:002411) which was down 10.00% to 18.53 in late trade, Zhonghong Holding Co Ltd (SZ:000979) which lost 9.38% to settle at 0.29 and Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which was down 6.85% to 6.80 at the close.

Advancing stocks outnumbered falling ones by 1166 to 262 and 45 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 28.73.

In commodities trading, Gold Futures for February delivery was down 0.06% or 0.70 to $1219.20 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.49% or 0.77 to hit $52.33 a barrel, while the February Brent oil contract rose 1.23% or 0.74 to trade at $61.14 a barrel.

USD/CNY was up 0.04% to 6.9542, while EUR/CNY fell 0.04% to 7.8481.

The US Dollar Index Futures was up 0.07% at 97.345.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.