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China shares mixed at close of trade; Shanghai Composite up 0.07%

Published 14/05/2015, 08:35
© Reuters.  China shares mixed at close of trade; Shanghai Composite up 0.07%
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Investing.com – China equities were mixed at the close on Thursday, as gains in the Electricity, Utilities and Oil Equipment Services & Distribution sectors propelled shares higher while losses in the Retailers, Software & Computer Services and Media sectors led shares lower.

At the close in Shanghai, the Shanghai Composite gained 0.07%, while the SZSE Component index fell 0.98%.

The biggest gainers of the session on the Shanghai Composite were Baotou Steel (SS:600010), which rose 10.08% or 0.620 points to trade at 6.770 at the close. Tj Songjiang (SS:600225) added 10.05% or 1.020 points to end at 11.170 and Lingyun-B (SS:900957) was up 10.04% or 0.116 points to 1.271 in late trade.

Biggest losers included Hundsun Tech (SS:600570), which lost 6.92% or 9.880 points to trade at 132.900 in late trade. Qujiang Cultur (SS:600706) declined 6.32% or 1.510 points to end at 22.400 and Fengfan Power (SS:601700) shed 5.75% or 0.890 points to 14.590.

The top performers on the SZSE Component were TCL Corp (SZ:000100) which rose 10.05% to 6.57, Changjiang Securities Co Ltd (SZ:000783) which was up 3.76% to settle at 18.20 and BOE Technology Group Co Ltd (SZ:000725) which gained 3.26% to close at 4.43.

The worst performers were Leshi Internet Info Tech (SZ:300104) which was down 10.00% to 74.24 in late trade, Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) which lost 3.20% to settle at 34.54 and Financial Street Holdings Co Ltd (SZ:000402) which was down 3.09% to 13.17 at the close.

Advancing stocks outnumbered falling ones by 511 to 460 on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 5.70% to 27.45 a new 1-month low.

In commodities trading, Gold for June delivery was down 0.17% or 2.10 to $1216.10 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.65% or 0.40 to hit $60.10 a barrel, while the July Brent oil contract fell 0.45% or 0.30 to trade at $66.97 a barrel.

USD/CNY was down 0.07% to 6.2000, while EUR/CNY rose 0.47% to 7.0781.

The US Dollar Index was down 0.44% at 93.33.

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