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

Published 31-07-2018, 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 Tuesday, as gains in the Oil Equipment Services & Distribution, Real Estate Investments & Services and Retailers sectors propelled shares higher while losses in the Technology Hardware & Equipment, Technology and Software & Computer Services sectors led shares lower.

At the close in Shanghai, the Shanghai Composite rose 0.26%, while the SZSE Component index fell 0.03%.

The biggest gainers of the session on the Shanghai Composite were Taiyuan Chemical Industry Co Ltd (SS:600281), which rose 10.08% or 0.370 points to trade at 4.040 at the close. Yaxing Chem (SS:600319) added 10.06% or 0.510 points to end at 5.580 and Sichuan Xichang Electric Power Co Ltd (SS:600505) was up 10.04% or 0.480 points to 5.260 in late trade.

Biggest losers included Hongfa Technology Co Ltd (SS:600885), which lost 10.01% or 2.510 points to trade at 22.560 in late trade. Wuhan Yangtze Communication Industry Group Co Ltd (SS:600345) declined 10.00% or 3.140 points to end at 28.270 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) shed 9.84% or 1.68 points to 15.40.

The top performers on the SZSE Component were By health (SZ:300146) which rose 10.00% to 18.26, Giant Network Group Co Ltd (SZ:002558) which was up 9.48% to settle at 20.91 and Guangzhou Friendship Group Co Ltd (SZ:000987) which gained 6.23% to close at 8.01.

The worst performers were Sichuan Haite High-tech Co Ltd (SZ:002023) which was down 10.01% to 12.40 in late trade, Guangzhou Tinci Materials Technology Co Ltd (SZ:002709) which lost 10.00% to settle at 32.31 and Shanxi Meijin Energy Co Ltd (SZ:000723) which was down 9.94% to 4.89 at the close.

Advancing stocks outnumbered falling ones by 809 to 549 and 66 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 22.29.

In commodities trading, Gold Futures for August delivery was down 0.15% or 1.80 to $1219.50 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.43% or 0.30 to hit $69.83 a barrel, while the October Brent oil contract fell 0.32% or 0.24 to trade at $75.31 a barrel.

USD/CNY was up 0.17% to 6.8269, while EUR/CNY rose 0.40% to 8.0068.

The US Dollar Index Futures was down 0.10% at 94.05.

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