👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

China shares higher at close of trade; Shanghai Composite up 1.89%

Published 2018-08-27, 03:35 a/m
© Reuters.  China shares higher at close of trade; Shanghai Composite up 1.89%
FTXIN4351010
-
FTXIN4101020
-
FTXIN4405010
-
SSEC
-
VXFXI
-
600196
-
600506
-
600687
-
600816
-
600821
-
SZI
-
002310
-
002007
-
002600
-
002563
-
000426
-
603959
-
300308
-

Investing.com – China equities were higher at the close on Monday, as gains in the Travel & Leisure, Real Estate Investments & Services and Technology Hardware & Equipment sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 1.89%, while the SZSE Component index gained 2.87%.

The biggest gainers of the session on the Shanghai Composite were Tianjin Quanyechang Group Co Ltd (SS:600821), which rose 10.09% or 0.470 points to trade at 5.130 at the close. Shanghai Fosun Pharmaceutical Group Co Ltd (SS:600196) added 10.01% or 3.060 points to end at 33.630 and Hunan Baili Engineering Sci & Tech Co Ltd (SS:603959) was up 10.00% or 1.400 points to 15.400 in late trade.

Biggest losers included Gangtai Holdin (SS:600687), which lost 10.07% or 0.540 points to trade at 4.820 in late trade. Korla Pear (SS:600506) declined 9.96% or 1.180 points to end at 10.670 and Anxin Trust Co Ltd (SS:600816) shed 6.60% or 0.430 points to 6.090.

The top performers on the SZSE Component were Zhejiang Semir Garment Co Ltd (SZ:002563) which rose 10.00% to 11.77, Hualan Biological EngineeringInc (SZ:002007) which was up 10.00% to settle at 36.08 and Shandong Zhongji Electrical Equipment Co Ltd (SZ:300308) which gained 10.00% to close at 52.02.

The worst performers were Beijing Orient Landscape Co Ltd (SZ:002310) which was down 10.02% to 13.47 in late trade, Inner Mongolia Xingye Mining Co Ltd (SZ:000426) which lost 10.01% to settle at 6.47 and JPMF Guangdong Co Ltd (SZ:002600) which was down 9.20% to 3.16 at the close.

Advancing stocks outnumbered falling ones by 1379 to 47 and 18 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.57% to 20.85.

In commodities trading, Gold Futures for December delivery was down 0.17% or 2.10 to $1211.20 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.29% or 0.20 to hit $68.52 a barrel, while the November Brent oil contract fell 0.09% or 0.07 to trade at $76.06 a barrel.

USD/CNY was up 0.13% to 6.8162, while EUR/CNY rose 0.02% to 7.9127.

The US Dollar Index Futures was up 0.06% at 95.14.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.