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China shares higher at close of trade; Shanghai Composite up 0.37%

Published 11/12/2018, 06:35 pm
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.37%
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Investing.com – China equities were higher at the close on Tuesday, as gains in the Real Estate Investments & Services, Media and Travel & Leisure sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 0.37%, while the SZSE Component index gained 0.79%.

The biggest gainers of the session on the Shanghai Composite were Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165), which rose 10.08% or 0.500 points to trade at 5.460 at the close. Shaanxi Broadcast & TV Network Intermediary Group Co Ltd (SS:600831) added 10.03% or 0.670 points to end at 7.350 and Anhui Xinli Finance Co Ltd (SS:600318) was up 10.03% or 0.720 points to 7.900 in late trade.

Biggest losers included Zhejiang Langdi Group Co Ltd (SS:603726), which lost 10.00% or 2.520 points to trade at 22.680 in late trade. Jiangsu Kanion Pharmaceutical Co Ltd (SS:600557) declined 6.00% or 0.680 points to end at 10.650 and Shanghai Zhongyida Co Ltd A (SS:600610) shed 5.24% or 0.10 points to 1.81.

The top performers on the SZSE Component were Shenzhen Hepalink Pharmaceutical Co Ltd (SZ:002399) which rose 7.78% to 22.43, Risesun Real Estate Development Co Ltd (SZ:002146) which was up 7.27% to settle at 8.71 and Guangdong Advertising Co Ltd (SZ:002400) which gained 7.17% to close at 3.14.

The worst performers were Jiangsu Jiujiujiu Technology Co Ltd (SZ:002411) which was down 5.64% to 22.60 in late trade, Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which lost 4.78% to settle at 6.57 and Han'S Laser Tech A (SZ:002008) which was down 3.38% to 31.49 at the close.

Advancing stocks outnumbered falling ones by 1022 to 358 and 93 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 27.11.

In commodities trading, Gold Futures for February delivery was up 0.29% or 3.65 to $1253.05 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.02% or 0.01 to hit $51.01 a barrel, while the February Brent oil contract fell 0.03% or 0.02 to trade at $59.95 a barrel.

USD/CNY was down 0.25% to 6.8954, while EUR/CNY fell 0.07% to 7.8411.

The US Dollar Index Futures was down 0.14% at 97.047.

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