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China shares mixed at close of trade; Shanghai Composite up 0.03%

Published 07/12/2018, 07:35
© Reuters.  China shares mixed at close of trade; Shanghai Composite up 0.03%
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Investing.com – China equities were mixed at the close on Friday, as gains in the Gas, Water & Multiutilities, Utilities and Electricity sectors propelled shares higher while losses in the Oil Equipment Services & Distribution, Retailers and Banking sectors led shares lower.

At the close in Shanghai, the Shanghai Composite rose 0.03%, while the SZSE Component index fell 0.01%.

The biggest gainers of the session on the Shanghai Composite were Eastern Communications Co Ltd A (SS:600776), which rose 10.03% or 0.580 points to trade at 6.360 at the close. Ningbo Peacebird Fashion Co Ltd (SS:603877) added 10.00% or 1.79 points to end at 19.69 and Hangzhou First PV Material Co Ltd (SS:603806) was up 7.13% or 1.89 points to 28.41 in late trade.

Biggest losers included Furen Pharmaceutical Group Industry Co Ltd (SS:600781), which lost 10.00% or 1.660 points to trade at 14.940 in late trade. Zhejiang Langdi Group Co Ltd (SS:603726) declined 9.99% or 2.670 points to end at 24.060 and Autobio Diagnostics Co Ltd (SS:603658) shed 9.72% or 5.870 points to 54.530.

The top performers on the SZSE Component were Zhejiang Longsheng Auto Parts Co Ltd (SZ:002625) which rose 9.62% to 9.69, Searainbow Holding Corp (SZ:000503) which was up 7.62% to settle at 18.92 and Tangshan Jidong Cement Co Ltd (SZ:000401) which gained 5.47% to close at 13.50.

The worst performers were Lepu Medical Tech Beijing (SZ:300003) which was down 10.01% to 26.88 in late trade, Huadong Medicine Co Ltd (SZ:000963) which lost 10.00% to settle at 29.88 and Jiangsu Nhwa Pharmaceutical Co Ltd (SZ:002262) which was down 9.99% to 10.09 at the close.

Advancing stocks outnumbered falling ones by 752 to 624 and 100 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 27.07.

In commodities trading, Gold Futures for February delivery was up 0.08% or 0.95 to $1244.55 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.87% or 0.45 to hit $51.04 a barrel, while the February Brent oil contract fell 0.85% or 0.51 to trade at $59.55 a barrel.

USD/CNY was down 0.03% to 6.8805, while EUR/CNY fell 0.15% to 7.8227.

The US Dollar Index Futures was up 0.04% at 96.805.

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