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China shares mixed at close of trade; Shanghai Composite up 0.26%

Published 09-04-2018, 01:05 pm
© Reuters.  China shares mixed at close of trade; Shanghai Composite up 0.26%
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Investing.com – China equities were mixed at the close on Monday, as gains in the Life Insurance, Software & Computer Services and Technology sectors propelled shares higher while losses in the Retailers, Real Estate Investments & Services and Travel & Leisure sectors led shares lower.

At the close in Shanghai, the Shanghai Composite added 0.26%, while the SZSE Component index lost 0.29%.

The biggest gainers of the session on the Shanghai Composite were Xinjiang Sayram Modern Agriculture Co Ltd (SS:600540), which rose 10.10% or 0.500 points to trade at 5.450 at the close. Hainan Mining Co Ltd (SS:601969) added 10.07% or 0.76 points to end at 8.31 and Shanghai Golden Bridge InfoTech Co Ltd (SS:603918) was up 10.03% or 1.91 points to 20.96 in late trade.

Biggest losers included Taiyuan Lionhead Cement Co Ltd (SS:600539), which lost 9.96% or 1.300 points to trade at 11.750 in late trade. Wintime Energy Co Ltd (SS:600157) declined 9.93% or 0.300 points to end at 2.720 and Henan Ancai Hi-tech Co Ltd (SS:600207) shed 6.21% or 0.630 points to 9.520.

The top performers on the SZSE Component were Chengdu CORPRO Technology Co Ltd (SZ:300101) which rose 10.02% to 19.77, Beijing BDStar Navigation Co Ltd (SZ:002151) which was up 10.00% to settle at 33.76 and Beijing UniStrong Science & Technology Co Ltd (SZ:002383) which gained 9.85% to close at 21.64.

The worst performers were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was down 8.47% to 5.08 in late trade, Wuhu Shunrong Auto Parts Co Ltd (SZ:002555) which lost 7.82% to settle at 16.15 and Tongfang Guoxin Electronics Co Ltd (SZ:002049) which was down 5.57% to 45.98 at the close.

Declining stocks outnumbered rising ones by 674 to 635 and 54 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 6.02% to 28.89.

In commodities trading, Gold Futures for June delivery was down 0.27% or 3.60 to $1332.50 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.34% or 0.21 to hit $62.27 a barrel, while the June Brent oil contract rose 0.46% or 0.31 to trade at $67.42 a barrel.

USD/CNY was up 0.14% to 6.3134, while EUR/CNY rose 0.06% to 7.7476.

The US Dollar Index Futures was up 0.07% at 89.88.

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