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China shares higher at close of trade; Shanghai Composite up 1.82%

Published 2018-09-18, 03:35 a/m
© Reuters.  China shares higher at close of trade; Shanghai Composite up 1.82%
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Investing.com – China equities were higher at the close on Tuesday, as gains in the Life Insurance, Software & Computer Services and Retailers sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 1.82%, while the SZSE Component index climbed 1.67%.

The biggest gainers of the session on the Shanghai Composite were Hefei Metalforming Intelligent Manufacturing Co Ltd (SS:603011), which rose 10.09% or 0.46 points to trade at 5.02 at the close. Shanghai Hile Bio Technology Co Ltd (SS:603718) added 10.07% or 0.720 points to end at 7.870 and Liuzhou Iron & Steel Co Ltd (SS:601003) was up 10.07% or 0.720 points to 7.870 in late trade.

Biggest losers included Sichuan Golden Summit Group Joint Stock Co Ltd (SS:600678), which lost 9.96% or 1.020 points to trade at 9.220 in late trade. Zhongzai Resources and Environment Co Ltd (SS:600217) declined 9.95% or 0.61 points to end at 5.52 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) shed 5.47% or 1.50 points to 25.91.

The top performers on the SZSE Component were Yinji Entertainment Media Co Ltd (SZ:002143) which rose 10.06% to 3.94, Zhejiang Huace Film TV Co (SZ:300133) which was up 10.02% to settle at 10.10 and Beijing Shunxin Agriculture Co Ltd (SZ:000860) which gained 9.34% to close at 42.60.

The worst performers were Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which was down 10.04% to 2.15 in late trade, Xinzhi Motor Co Ltd (SZ:002664) which lost 10.00% to settle at 12.60 and Meisheng Cultural & Creative Corp Ltd (SZ:002699) which was down 9.88% to 9.94 at the close.

Advancing stocks outnumbered falling ones by 1321 to 102 and 29 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 23.82.

In commodities trading, Gold Futures for December delivery was down 0.32% or 3.90 to $1201.90 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.22% or 0.15 to hit $68.53 a barrel, while the November Brent oil contract fell 0.38% or 0.30 to trade at $77.75 a barrel.

USD/CNY was up 0.02% to 6.8591, while EUR/CNY rose 0.07% to 8.0175.

The US Dollar Index Futures was up 0.02% at 94.11.

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