🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

China shares higher at close of trade; Shanghai Composite up 1.85%

Published 09/08/2018, 08:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 1.85%
FTXIN4101010
-
FTXIN4101020
-
FTXIN410
-
SSEC
-
VXFXI
-
600241
-
600281
-
600470
-
600641
-
600734
-
601789
-
SZI
-
002368
-
002261
-
000766
-
300118
-
300188
-
300266
-

Investing.com – China equities were higher at the close on Thursday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 1.85%, while the SZSE Component index climbed 2.98%.

The biggest gainers of the session on the Shanghai Composite were Anhui Liuguo Chemical Co Ltd (SS:600470), which rose 10.09% or 0.470 points to trade at 5.130 at the close. Liaoning Shidai Wanheng Co Ltd (SS:600241) added 10.07% or 0.710 points to end at 7.760 and Start Group (SS:600734) was up 10.04% or 0.670 points to 7.340 in late trade.

Biggest losers included Shanghai Wanye Enterprises Co Ltd (SS:600641), which lost 4.02% or 0.490 points to trade at 11.690 in late trade. Taiyuan Chemical Industry Co Ltd (SS:600281) declined 3.14% or 0.140 points to end at 4.320 and Ningbo Construction Co Ltd (SS:601789) shed 2.82% or 0.120 points to 4.140.

The top performers on the SZSE Component were Xingyuan Environment Technology Co Ltd (SZ:300266) which rose 10.08% to 3.93, Xiamen Meiya Pico Information (SZ:300188) which was up 10.02% to settle at 18.00 and Taiji Computer Corp Ltd (SZ:002368) which gained 10.00% to close at 32.79.

The worst performers were Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) which was down 9.95% to 8.33 in late trade, Risen Energy (SZ:300118) which lost 7.73% to settle at 8.00 and Talkweb Information System Co Ltd (SZ:002261) which was down 3.23% to 5.400 at the close.

Advancing stocks outnumbered falling ones by 1333 to 79 and 18 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 20.96 a new 1-month low.

In commodities trading, Gold Futures for December delivery was down 0.16% or 1.90 to $1219.10 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.36% or 0.24 to hit $66.70 a barrel, while the October Brent oil contract fell 0.28% or 0.20 to trade at $72.08 a barrel.

USD/CNY was down 0.11% to 6.8294, while EUR/CNY fell 0.37% to 7.9080.

The US Dollar Index Futures was up 0.23% at 95.17.

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.