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China stocks higher at close of trade; Shanghai Composite up 1.91%

Published 21/09/2015, 05:35 pm
© Reuters.  China stocks higher at close of trade; Shanghai Composite up 1.91%

Investing.com – China stocks were higher after the close on Monday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares higher.

At the close in Shanghai, the Shanghai Composite rose 1.91%, while the SZSE Component index climbed 3.31%.

The best performers of the session on the Shanghai Composite were Huayuan Proper (SS:600743), which rose 10.10% or 0.490 points to trade at 5.340 at the close. Meanwhile, Wuzhou Comm (SS:600368) added 10.10% or 0.510 points to end at 5.560 and Jinjian Cereal (SS:600127) was up 10.09% or 0.560 points to 6.110 in late trade.

The worst performers of the session were Huajing (SS:600886), which fell 10.01% or 1.340 points to trade at 12.040 at the close. Sanmao Group (SS:600689) declined 9.98% or 1.230 points to end at 11.090 and Sanmao Textile (SS:900922) was down 8.25% or 0.068 points to 0.756.

The top performers on the SZSE Component were Suning Universal Co Ltd (SZ:000718) which rose 10.06% to 7.00, Shenzhen Selen Science & Technology Co Ltd (SZ:002341) which was up 10.05% to settle at 11.83 and Hongbo Co Ltd (SZ:002229) which gained 10.04% to close at 15.24.

The worst performers were Xinxing Ductile Iron Pipes Co Ltd (SZ:000778) which was down 10.02% to 7.63 in late trade, Shaanxi Ligeance Mineral Resources Co Ltd (SZ:000697) which lost 10.00% to settle at 19.98 and Beijing Philisense Tech (SZ:300287) which was down 9.99% to 43.95 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 923 to 32.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 4.29% to 40.85.

Gold for December delivery was up 0.05% or 0.60 to $1138.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.55% or 0.70 to hit $45.72 a barrel, while the November Brent oil contract rose 1.39% or 0.66 to trade at $48.13 a barrel.

USD/CNY was up 0.07% to 6.3689, while EUR/CNY rose 0.19% to 7.2079.

The US Dollar Index was down 0.10% at 95.27.

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