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China shares higher at close of trade; Shanghai Composite up 1.14%

Published 2018-09-19, 03:35 a/m
© Reuters.  China shares higher at close of trade; Shanghai Composite up 1.14%
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Investing.com – China equities were higher at the close on Wednesday, as gains in the Oil Equipment Services & Distribution, Real Estate Investments & Services and Travel & Leisure sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 1.14%, while the SZSE Component index gained 1.41%.

The biggest gainers of the session on the Shanghai Composite were Changchun Sinoenergy Corp (SS:600856), which rose 10.11% or 0.470 points to trade at 5.120 at the close. Nanjing Kangni Mechanical & Electrical Co Ltd (SS:603111) added 10.08% or 0.49 points to end at 5.35 and Jiangsu Rutong Petro-Machinery Co Ltd (SS:603036) was up 10.02% or 1.260 points to 13.840 in late trade.

Biggest losers included Pengxin International Mining Co Ltd (SS:600490), which lost 10.03% or 0.87 points to trade at 7.80 in late trade. Sichuan Golden Summit Group Joint Stock Co Ltd (SS:600678) declined 9.98% or 0.920 points to end at 8.300 and Zhongzai Resources and Environment Co Ltd (SS:600217) shed 8.15% or 0.45 points to 5.07.

The top performers on the SZSE Component were Shenzhen Zhenye Group Co Ltd (SZ:000006) which rose 10.06% to 5.58, Zhejiang Transfar Co Ltd (SZ:002010) which was up 10.02% to settle at 9.99 and Xinzhi Motor Co Ltd (SZ:002664) which gained 9.13% to close at 13.75.

The worst performers were Jiangsu Jiujiujiu Technology Co Ltd (SZ:002411) which was down 9.99% to 25.42 in late trade, Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which lost 6.51% to settle at 2.01 and Meisheng Cultural & Creative Corp Ltd (SZ:002699) which was down 6.14% to 9.33 at the close.

Advancing stocks outnumbered falling ones by 1162 to 216 and 74 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 22.77.

In commodities trading, Gold Futures for December delivery was up 0.48% or 5.80 to $1208.70 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.30% or 0.21 to hit $69.80 a barrel, while the November Brent oil contract rose 0.15% or 0.12 to trade at $79.15 a barrel.

USD/CNY was down 0.10% to 6.8547, while EUR/CNY rose 0.15% to 8.0197.

The US Dollar Index Futures was down 0.23% at 94.00.

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