🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

China shares higher at close of trade; Shanghai Composite up 0.44%

Published 28-12-2018, 01:05 pm
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.44%
FTXIN4651010
-
FTXIN4405010
-
FTXIN465
-
SSEC
-
VXFXI
-
600165
-
600536
-
600614
-
600756
-
601177
-
900907
-
SZI
-
002030
-
000750
-
002408
-
000977
-
300197
-
300199
-

Investing.com – China equities were higher at the close on Friday, as gains in the Electricity, Utilities and Travel & Leisure sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 0.44%, while the SZSE Component index gained 0.34%.

The biggest gainers of the session on the Shanghai Composite were Pengqi Technology Development Co Ltd B (SS:900907), which rose 10.14% or 0.036 points to trade at 0.391 at the close. Pengqi Technology Development Co Ltd A (SS:600614) added 10.12% or 0.330 points to end at 3.590 and Hangzhou Advance Gearbox Group Co Ltd (SS:601177) was up 10.05% or 0.820 points to 8.980 in late trade.

Biggest losers included Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165), which lost 8.63% or 0.460 points to trade at 4.870 in late trade. China National Software & Service Co Ltd (SS:600536) declined 7.59% or 1.720 points to end at 20.930 and Inspur Software Co Ltd (SS:600756) shed 7.33% or 1.210 points to 15.290.

The top performers on the SZSE Component were Zibo Qixiang Tengda Chemical Co Ltd (SZ:002408) which rose 8.23% to 6.84, Sealand Securities Co Ltd (SZ:000750) which was up 7.92% to settle at 4.36 and Da An Gene Co Ltd of Sun Yat-Sen University (SZ:002030) which gained 6.83% to close at 10.16.

The worst performers were Inspur Electronic Info Industr (SZ:000977) which was down 6.63% to 15.920 in late trade, Hybio Pharmaceutical (SZ:300199) which lost 6.13% to settle at 9.34 and Shenzhen Techand Eco Environment (SZ:300197) which was down 5.01% to 3.79 at the close.

Advancing stocks outnumbered falling ones by 779 to 588 and 110 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 28.88.

In commodities trading, Gold Futures for February delivery was up 0.14% or 1.85 to $1282.95 a troy ounce. Meanwhile, Crude oil for delivery in February rose 2.40% or 1.07 to hit $45.68 a barrel, while the March Brent oil contract rose 2.09% or 1.10 to trade at $53.83 a barrel.

USD/CNY was down 0.17% to 6.8545, while EUR/CNY fell 0.04% to 7.8480.

The US Dollar Index Futures was down 0.06% at 95.942.

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.