Investing.com – China equities were higher at the close on Monday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.72%, while the SZSE Component index added 1.58%.
The biggest gainers of the session on the Shanghai Composite were Shanghai Zhixin Electric Co Ltd (SS:600517), which rose 10.14% or 0.360 points to trade at 3.910 at the close. Fujian Furi Electronics Co Ltd (SS:600203) added 10.11% or 0.48 points to end at 5.23 and Baosheng (SS:600973) was up 10.10% or 0.410 points to 4.470 in late trade.
Biggest losers included New China Life Insurance Co Ltd (SS:601336), which lost 6.72% or 2.920 points to trade at 40.510 in late trade. Wuhan Hanshang Group Co Ltd (SS:600774) declined 3.82% or 0.510 points to end at 12.840 and Fushun Special Steel Co Ltd (SS:600399) shed 3.28% or 0.090 points to 2.650.
The top performers on the SZSE Component were Talkweb Information System Co Ltd (SZ:002261) which rose 10.09% to 4.690, Chinascholars Group Co Ltd (SZ:000547) which was up 10.04% to settle at 9.10 and Sichuan Danfu Compressor Co Ltd (SZ:002366) which gained 9.96% to close at 11.15.
The worst performers were Zhejiang Jiangshan Chemical Co Ltd (SZ:002061) which was down 5.56% to 9.00 in late trade, GuangDong Huasheng Electrical Appliances Co Ltd (SZ:002670) which lost 3.37% to settle at 10.88 and Jinke Property Group Co Ltd (SZ:000656) which was down 2.60% to 6.00 at the close.
Advancing stocks outnumbered falling ones by 1308 to 143 and 28 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 25.03 a new 1-month low.
In commodities trading, Gold Futures for February delivery was up 0.44% or 5.60 to $1291.40 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.61% or 0.77 to hit $48.73 a barrel, while the March Brent oil contract rose 1.44% or 0.82 to trade at $57.88 a barrel.
USD/CNY was up 0.01% to 6.8703, while EUR/CNY fell 0.04% to 7.8201.
The US Dollar Index Futures was down 0.14% at 95.618.