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China shares higher at close of trade; Shanghai Composite up 0.65%

Published 03/05/2018, 05:35 pm
Updated 03/05/2018, 05:35 pm
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.65%

Investing.com – China equities were higher at the close on Thursday, as gains in the Travel & Leisure, Oil Equipment Services & Distribution and Technology Hardware & Equipment sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.65%, while the SZSE Component index gained 1.12%.

The biggest gainers of the session on the Shanghai Composite were Fangxing Sci (SS:600552), which rose 10.06% or 0.660 points to trade at 7.220 at the close. Well Lead Medical Co Ltd (SS:603309) added 10.03% or 1.79 points to end at 19.64 and Hunan Copote Science Technology Co Ltd (SS:600476) was up 10.03% or 1.710 points to 18.760 in late trade.

Biggest losers included Henan Huanghe Whirlwind Co Ltd (SS:600172), which lost 8.55% or 0.490 points to trade at 5.240 in late trade. Xishui Strong Year Co Ltd Inner Mongolia (SS:600291) declined 7.78% or 1.300 points to end at 15.400 and Shenzhen Huiding Technology Co Ltd (SS:603160) shed 7.01% or 6.020 points to 79.870.

The top performers on the SZSE Component were Shenzhen Fenda Technology Co Ltd (SZ:002681) which rose 10.06% to 9.41, Shenzhen Minkave Technology Co Ltd (SZ:300506) which was up 9.99% to settle at 23.57 and Suzhou Anjie Technology Co Ltd (SZ:002635) which gained 9.98% to close at 18.95.

The worst performers were Shenwu Environmental Tech (SZ:300156) which was down 9.35% to 10.67 in late trade, Hunan China Sun Pharma Machinery (SZ:300216) which lost 6.86% to settle at 8.01 and Hangzhou Tigermed Consulting (SZ:300347) which was down 6.48% to 56.84 at the close.

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Advancing stocks outnumbered falling ones by 976 to 328 and 65 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 22.14.

In commodities trading, Gold Futures for June delivery was up 0.28% or 3.60 to $1309.20 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.03% or 0.02 to hit $67.95 a barrel, while the July Brent oil contract fell 0.04% or 0.03 to trade at $73.33 a barrel.

USD/CNY was down 0.06% to 6.3587, while EUR/CNY rose 0.33% to 7.6259.

The US Dollar Index Futures was down 0.30% at 92.31.

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