China shares higher at close of trade; Shanghai Composite up 1.89%

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China shares higher at close of trade; Shanghai Composite up 1.89%
Credit: © Reuters.

Investing.com – China equities were higher at the close on Monday, as gains in the Travel & Leisure , Real Estate Investments & Services and Technology Hardware & Equipment sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 1.89%, while the SZSE Component index gained 2.87%.

The biggest gainers of the session on the Shanghai Composite were Tianjin Quanyechang Group Co Ltd (SS: 600821 ), which rose 10.09% or 0.470 points to trade at 5.130 at the close. Shanghai Fosun Pharmaceutical Group Co Ltd (SS: 600196 ) added 10.01% or 3.060 points to end at 33.630 and Hunan Baili Engineering Sci & Tech Co Ltd (SS: 603959 ) was up 10.00% or 1.400 points to 15.400 in late trade.

Biggest losers included Gangtai Holdin (SS: 600687 ), which lost 10.07% or 0.540 points to trade at 4.820 in late trade. Korla Pear (SS: 600506 ) declined 9.96% or 1.180 points to end at 10.670 and Anxin Trust Co Ltd (SS: 600816 ) shed 6.60% or 0.430 points to 6.090.

The top performers on the SZSE Component were Zhejiang Semir Garment Co Ltd (SZ: 002563 ) which rose 10.00% to 11.77, Hualan Biological EngineeringInc (SZ: 002007 ) which was up 10.00% to settle at 36.08 and Shandong Zhongji Electrical Equipment Co Ltd (SZ: 300308 ) which gained 10.00% to close at 52.02.

The worst performers were Beijing Orient Landscape Co Ltd (SZ: 002310 ) which was down 10.02% to 13.47 in late trade, Inner Mongolia Xingye Mining Co Ltd (SZ: 000426 ) which lost 10.01% to settle at 6.47 and JPMF Guangdong Co Ltd (SZ: 002600 ) which was down 9.20% to 3.16 at the close.

Advancing stocks outnumbered falling ones by 1379 to 47 and 18 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was down 2.57% to 20.85.

In commodities trading, Gold Futures for December delivery was down 0.17% or 2.10 to $1211.20 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.29% or 0.20 to hit $68.52 a barrel, while the November Brent oil contract fell 0.09% or 0.07 to trade at $76.06 a barrel.

USD/CNY was up 0.13% to 6.8162, while EUR/CNY rose 0.02% to 7.9127.

The US Dollar Index Futures was up 0.06% at 95.14.

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