China shares higher at close of trade; Shanghai Composite up 0.33%

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China shares higher at close of trade; Shanghai Composite up 0.33%

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

At the close in Shanghai, the Shanghai Composite added 0.33% to hit a new 52-week high, while the SZSE Component index climbed 0.21%.

The biggest gainers of the session on the Shanghai Composite were Jinxi Axle Co Ltd (SS: 600495 ), which rose 10.06% or 0.690 points to trade at 7.550 at the close. Gem-Year Industrial Co Ltd (SS: 601002 ) added 10.05% or 0.940 points to end at 10.290 and Shanghai Material Trading Co Ltd A (SS: 600822 ) was up 10.02% or 1.560 points to 17.130 in late trade.

Biggest losers included Xinke Material (SS: 600255 ), which lost 5.70% or 0.290 points to trade at 4.800 in late trade. Zhejiang Huazheng New Material Co Ltd (SS: 603186 ) declined 5.36% or 1.83 points to end at 32.30 and Guangxi Liuzhou Pharmaceutical Co Ltd (SS: 603368 ) shed 5.16% or 3.01 points to 55.29.

The top performers on the SZSE Component were Shenzhen Coship Electronics Co Ltd (SZ: 002052 ) which rose 10.03% to 6.80, Shandong Realcan Pharmaceutical Co Ltd (SZ: 002589 ) which was up 7.02% to settle at 15.85 and ZTE Corp (SZ: 000063 ) which gained 6.12% to close at 30.00.

The worst performers were Jiangsu Xinmin Textile Science & Technology Co Ltd (SZ: 002127 ) which was down 9.98% to 15.06 in late trade, Beijing Sanju Environmental (SZ: 300072 ) which lost 5.47% to settle at 35.92 and Suofeiya Home Collection Co Ltd (SZ: 002572 ) which was down 4.96% to 40.39 at the close.

Advancing stocks outnumbered falling ones by 834 to 435 and 69 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was up 5.95% to 19.78 a new 1-month high.

In commodities trading, Gold Futures for December delivery was up 0.08% or 0.97 to $1279.97 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.31% or 0.16 to hit $52.02 a barrel, while the December Brent oil contract fell 0.31% or 0.18 to trade at $58.26 a barrel.

USD/CNY was down 0.09% to 6.6336, while EUR/CNY fell 0.06% to 7.8387.

The US Dollar Index Futures was up 0.01% at 93.54.

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