China shares higher at close of trade; Shanghai Composite up 0.81%

  • Stock Market News
China shares higher at close of trade; Shanghai Composite up 0.81%
Credit: © Reuters. – China equities were higher at the close on Friday, as gains in the Oil Equipment Services & Distribution , Travel & Leisure and Software & Computer Services sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.81%, while the SZSE Component index gained 1.11%.

The biggest gainers of the session on the Shanghai Composite were Jiangsu Sunrain Solar Energy Co Ltd (SS: 603366 ), which rose 10.10% or 0.420 points to trade at 4.580 at the close. BanBao Co Ltd (SS: 603398 ) added 10.02% or 1.040 points to end at 11.420 and SEC Electric Machinery Co Ltd (SS: 603988 ) was up 10.00% or 0.98 points to 10.78 in late trade.

Biggest losers included Ginwa Enterprise Group Inc (SS: 600080 ), which lost 10.00% or 1.170 points to trade at 10.530 in late trade. Guangxi Radio and Television Information Network Corp Ltd (SS: 600936 ) declined 9.64% or 0.460 points to end at 4.310 and Nanjing Kangni Mechanical & Electrical Co Ltd (SS: 603111 ) shed 9.34% or 0.44 points to 4.27.

The top performers on the SZSE Component were Cangzhou Mingzhu Plastic Co Ltd (SZ: 002108 ) which rose 10.12% to 4.57, Jiangsu Jiujiujiu Technology Co Ltd (SZ: 002411 ) which was up 10.01% to settle at 18.35 and Sichuan Yahua Industrial Group Co Ltd (SZ: 002497 ) which gained 9.97% to close at 7.61.

The worst performers were Beijing Watertek Information Technology Co Ltd (SZ: 300324 ) which was down 9.95% to 7.69 in late trade, Guangdong Homa Appliances Co Ltd (SZ: 002668 ) which lost 8.10% to settle at 5.56 and Hunan TV & Broadcast Intermediary Co Ltd (SZ: 000917 ) which was down 6.82% to 6.15 at the close.

Advancing stocks outnumbered falling ones by 984 to 412 and 78 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 28.58.

In commodities trading, Gold Futures for February delivery was down 0.06% or 0.70 to $1229.70 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.02% or 0.01 to hit $51.46 a barrel, while the February Brent oil contract rose 0.30% or 0.18 to trade at $60.09 a barrel.

USD/CNY was up 0.01% to 6.9436, while EUR/CNY fell 0.01% to 7.9069.

The US Dollar Index Futures was up 0.02% at 96.718.

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