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China shares higher at close of trade; Shanghai Composite up 0.21%

Published 2018-11-21, 02:35 a/m
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.21%
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Investing.com – China equities were higher at the close on Wednesday, as gains in the Travel & Leisure, Real Estate Investments & Services and Retailers sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 0.21%, while the SZSE Component index gained 0.37%.

The biggest gainers of the session on the Shanghai Composite were Beijing Bashi Media Co Ltd (SS:600386), which rose 10.14% or 0.350 points to trade at 3.800 at the close. Shanghai Qiangsheng Holding Co Ltd (SS:600662) added 10.11% or 0.450 points to end at 4.900 and Sichuan Western Resources Holding Co Ltd (SS:600139) was up 10.06% or 0.360 points to 3.940 in late trade.

Biggest losers included Jiangsu Holly Corp (SS:600128), which lost 9.97% or 1.180 points to trade at 10.660 in late trade. Beijing Airport High-Tech Park Co Ltd (SS:600463) declined 9.40% or 0.890 points to end at 8.580 and Minfeng Special Paper Co Ltd (SS:600235) shed 7.86% or 0.740 points to 8.680.

The top performers on the SZSE Component were Tianguang Fire-Fighting Co Ltd (SZ:002509) which rose 10.10% to 3.16, Walvax BioTech (SZ:300142) which was up 10.01% to settle at 19.89 and Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which gained 9.97% to close at 6.84.

The worst performers were Yinyi Real Estate Co Ltd (SZ:000981) which was down 9.27% to 4.60 in late trade, Zhonghong Holding Co Ltd (SZ:000979) which lost 9.26% to settle at 0.49 and Tatwah Smartech Co Ltd (SZ:002512) which was down 7.93% to 7.20 at the close.

Advancing stocks outnumbered falling ones by 974 to 430 and 69 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 32.07.

In commodities trading, Gold Futures for December delivery was up 0.21% or 2.60 to $1223.80 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.78% or 0.95 to hit $54.38 a barrel, while the January Brent oil contract rose 1.47% or 0.92 to trade at $63.45 a barrel.

USD/CNY was down 0.06% to 6.9417, while EUR/CNY rose 0.20% to 7.9125.

The US Dollar Index Futures was down 0.18% at 96.53.

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