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China shares higher at close of trade; Shanghai Composite up 2.20%

Published 2018-06-29, 03:35 a/m
China shares higher at close of trade; Shanghai Composite up 2.20%
FTXIN4101010
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FTXIN4101020
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FTXIN410
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SSEC
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VXFXI
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600133
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600227
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600695
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603988
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SZI
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600682
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000036
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000555
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002640
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300253
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000591
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000615
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603901
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Investing.com – China equities were higher at the close on Friday, 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 2.20%, while the SZSE Component index added 3.39%.

The biggest gainers of the session on the Shanghai Composite were Shanghai Greencourt Investment Group Co Ltd A (SS:600695), which rose 10.06% or 0.35 points to trade at 3.83 at the close. Hangzhou Youngsun Intelligent Equipment Co Ltd (SS:603901) added 10.05% or 0.94 points to end at 10.29 and SEC Electric Machinery Co Ltd (SS:603988) was up 10.04% or 1.25 points to 13.70 in late trade.

Biggest losers included Guizhou Chitianhua Co Ltd (SS:600227), which lost 10.05% or 0.420 points to trade at 3.760 in late trade. Wuhan East Lake High Technology Group Co Ltd (SS:600133) declined 10.04% or 0.940 points to end at 8.420 and Nanjing Xinjiekou Department Store Co Ltd (SS:600682) shed 10.02% or 1.83 points to 16.44.

The top performers on the SZSE Component were Shanghai Kingstar Winning Software (SZ:300253) which rose 10.04% to 12.39, Shanxi Baiyuan Trousers Chain Management Co Ltd (SZ:002640) which was up 10.04% to settle at 15.02 and Digital China Information Service Co Ltd (SZ:000555) which gained 10.02% to close at 13.28.

The worst performers were Hubei Golden Ring Co Ltd (SZ:000615) which was down 3.97% to 6.29 in late trade, Chongqing Tong Jun Ge Co Ltd (SZ:000591) which lost 1.88% to settle at 3.66 and China Union Holdings Ltd (SZ:000036) which was down 1.82% to 5.94 at the close.

Advancing stocks outnumbered falling ones by 1366 to 29 and 7 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 25.37.

In commodities trading, Gold Futures for August delivery was up 0.08% or 1.00 to $1252.00 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.35% or 0.26 to hit $73.19 a barrel, while the September Brent oil contract fell 0.06% or 0.05 to trade at $77.56 a barrel.

USD/CNY was down 0.09% to 6.6218, while EUR/CNY rose 0.47% to 7.7030.

The US Dollar Index Futures was down 0.39% at 94.63.

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