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China shares higher at close of trade; Shanghai Composite up 0.93%

Published 2018-11-13, 02:35 a/m
Updated 2018-11-13, 02:35 a/m
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.93%

Investing.com – China equities were higher at the close on Tuesday, as gains in the Media, Gas, Water & Multiutilities and Travel & Leisure sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 0.93%, while the SZSE Component index added 1.68%.

The biggest gainers of the session on the Shanghai Composite were Zhongmin Energy Co Ltd (SS:600163), which rose 10.13% or 0.310 points to trade at 3.370 at the close. Guangdong Meiyan Jixiang Hydropower Co Ltd (SS:600868) added 10.11% or 0.280 points to end at 3.050 and Yaxing Chem (SS:600319) was up 10.10% or 0.500 points to 5.450 in late trade.

Biggest losers included Qijing Machinery Co Ltd (SS:603677), which lost 3.29% or 0.53 points to trade at 15.58 in late trade. Fujian Fynex Textile Science & Technology Co Ltd (SS:600493) declined 2.51% or 0.170 points to end at 6.610 and Zhonglu Co Ltd A (SS:600818) shed 2.44% or 0.270 points to 10.780.

The top performers on the SZSE Component were Nanjing Huadong Electronics Information & Technology Co Ltd (SZ:000727) which rose 10.32% to 1.71, Yotrio Group Co Ltd (SZ:002489) which was up 10.10% to settle at 3.27 and Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which gained 10.08% to close at 6.99.

The worst performers were Jingwei Textile Machinery Co Ltd (SZ:000666) which was down 10.02% to 14.64 in late trade, Shenzhen Shenxin Taifeng Group Co Ltd (SZ:000034) which lost 5.78% to settle at 15.32 and Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which was down 2.83% to 20.94 at the close.

Advancing stocks outnumbered falling ones by 1279 to 167 and 27 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 30.52.

In commodities trading, Gold Futures for December delivery was up 0.17% or 2.10 to $1203.40 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.23% or 0.74 to hit $59.19 a barrel, while the January Brent oil contract fell 0.88% or 0.62 to trade at $69.50 a barrel.

USD/CNY was down 0.13% to 6.9548, while EUR/CNY rose 0.07% to 7.8167.

The US Dollar Index Futures was up 0.02% at 97.40.

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