China shares higher at close of trade; Shanghai Composite up 0.34%

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China shares higher at close of trade; Shanghai Composite up 0.34%
Credit: © Reuters. – China equities were higher at the close on Monday, as gains in the Travel & Leisure , Life Insurance and Telecoms sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 0.34%, while the SZSE Component index gained 0.35%.

The biggest gainers of the session on the Shanghai Composite were Henan Ancai Hi-tech Co Ltd (SS: 600207 ), which rose 10.04% or 0.810 points to trade at 8.880 at the close. Changzhou Shenli Electrical Machine Incorporated Co (SS: 603819 ) added 10.03% or 1.650 points to end at 18.100 and ADD Industry Zhejiang Co Ltd (SS: 603089 ) was up 9.99% or 2.36 points to 25.99 in late trade.

Biggest losers included Qingdao Copton Technology Co Ltd (SS: 603798 ), which lost 10.02% or 2.030 points to trade at 18.230 in late trade. Shanghai Wondertek Software Co Ltd (SS: 603189 ) declined 10.01% or 2.190 points to end at 19.680 and Suzhou Xingye Materials Technology Co Ltd (SS: 603928 ) shed 10.01% or 2.180 points to 19.590.

The top performers on the SZSE Component were Beijing SL Pharmaceutical Co Ltd (SZ: 002038 ) which rose 9.99% to 47.23, JPMF Guangdong Co Ltd (SZ: 002600 ) which was up 7.73% to settle at 7.25 and Zhejiang Wanfeng Auto Wheel Co Ltd (SZ: 002085 ) which gained 6.54% to close at 11.24.

The worst performers were Beijing Miteno Communication Technology Co Ltd (SZ: 300038 ) which was down 10.00% to 15.57 in late trade, Cofco Biochemical Anhui Co Ltd (SZ: 000930 ) which lost 9.97% to settle at 12.01 and Wangsu Science Tech (SZ: 300017 ) which was down 8.02% to 12.38 at the close.

Declining stocks outnumbered rising ones by 854 to 465 and 56 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 19.75 a new 3-month low.

In commodities trading, Gold Futures for June delivery was up 0.01% or 0.10 to $1320.80 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.48% or 0.34 to hit $70.36 a barrel, while the July Brent oil contract fell 0.60% or 0.46 to trade at $76.66 a barrel.

USD/CNY was up 0.07% to 6.3387, while EUR/CNY rose 0.32% to 7.5887.

The US Dollar Index Futures was down 0.18% at 92.27.

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