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China shares higher at close of trade; Shanghai Composite up 0.02%

Published 22/05/2018, 05:35 pm
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.02%
FTXIN4651020
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FTXIN4404010
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FTXIN40570
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SSEC
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VXFXI
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600048
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600283
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SZI
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002299
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000587
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000034
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002437
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300203
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300116
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601155
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603322
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603800
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603615
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Investing.com – China equities were higher at the close on Tuesday, as gains in the Oil Equipment Services & Distribution, Gas, Water & Multiutilities and Retailers sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.02% to hit a new 1-month high, while the SZSE Component index climbed 0.00%.

The biggest gainers of the session on the Shanghai Composite were Suzhou Douson Drilling & Production Equipment Co Ltd (SS:603800), which rose 10.02% or 1.820 points to trade at 19.990 at the close. Chahua Modern Housewares Co Ltd (SS:603615) added 10.01% or 1.32 points to end at 14.51 and GuangDong Super Telecom Co Ltd (SS:603322) was up 10.00% or 3.210 points to 35.320 in late trade.

Biggest losers included Qian Jiang Water Resources Development Co Ltd (SS:600283), which lost 5.63% or 0.770 points to trade at 12.900 in late trade. Future Land Holdings Co Ltd (SS:601155) declined 4.78% or 1.530 points to end at 30.470 and Poly Real Estate Group Co Ltd (SS:600048) shed 3.93% or 0.540 points to 13.210.

The top performers on the SZSE Component were Harbin Gloria Pharmaceuticals (SZ:002437) which rose 10.02% to 6.26, Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was up 7.49% to settle at 4.02 and Fujian Sunner Development Co Ltd (SZ:002299) which gained 6.70% to close at 16.56.

The worst performers were Focused Photonics Hangzhou Inc (SZ:300203) which was down 4.44% to 26.26 in late trade, Goldleaf Jewelry Co Ltd (SZ:000587) which lost 3.57% to settle at 7.02 and Shenzhen Shenxin Taifeng Group Co Ltd (SZ:000034) which was down 3.48% to 22.22 at the close.

Advancing stocks outnumbered falling ones by 714 to 583 and 83 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 20.68.

In commodities trading, Gold Futures for June delivery was down 0.05% or 0.70 to $1290.20 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.51% or 0.37 to hit $72.72 a barrel, while the July Brent oil contract rose 0.72% or 0.57 to trade at $79.79 a barrel.

USD/CNY was down 0.11% to 6.3754, while EUR/CNY fell 0.14% to 7.5156.

The US Dollar Index Futures was down 0.05% at 93.41.

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