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China shares higher at close of trade; Shanghai Composite up 1.30%

Published 05/02/2019, 06:35 pm
© Reuters.  China shares higher at close of trade; Shanghai Composite up 1.30%
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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600119
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600218
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600537
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600584
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600892
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601908
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SZI
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000901
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000898
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002920
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Investing.com – China equities were higher at the close on Tuesday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 1.30% to hit a new 1-month high, while the SZSE Component index unchanged 0%.

The biggest gainers of the session on the Shanghai Composite were EGing Photovoltaic Technology Co Ltd (SS:600537), which rose 10.17% or 0.300 points to trade at 3.250 at the close. Beijing Jingyuntong Technology Co Ltd (SS:601908) added 10.06% or 0.330 points to end at 3.610 and Jiangsu Changjiang Electronics Technology Co Ltd (SS:600584) was up 10.01% or 0.890 points to 9.780 in late trade.

Biggest losers included Baocheng Inves (SS:600892), which lost 10.01% or 0.710 points to trade at 6.380 in late trade. Y.U.D. Yangtze River Investment Industry Co Ltd (SS:600119) declined 9.93% or 0.600 points to end at 5.440 and Anhui Quanchai Engine Co Ltd (SS:600218) shed 8.35% or 0.680 points to 7.460.

The top performers on the SZSE Component were Huizhou Desay SV Automotive Co Ltd Class A (SZ:002920) which unchanged 0% to 21.45, Aerospace Hi-Tech Holding Group Co Ltd (SZ:000901) which was unchanged 0% to settle at 10.04 and Angang Steel Co Ltd Class A (SZ:000898) which unchanged 0% to close at 5.25.

The worst performers were Huizhou Desay SV Automotive Co Ltd Class A (SZ:002920) which was unchanged 0% to 21.45 in late trade, Aerospace Hi-Tech Holding Group Co Ltd (SZ:000901) which unchanged 0% to settle at 10.04 and Angang Steel Co Ltd Class A (SZ:000898) which was unchanged 0% to 5.25 at the close.

Declining stocks outnumbered rising ones by 0 to 0 on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.76% to 21.26.

In commodities trading, Gold Futures for April delivery was down 0.11% or 1.45 to $1317.85 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.31% or 0.17 to hit $54.73 a barrel, while the April Brent oil contract rose 0.26% or 0.16 to trade at $62.67 a barrel.

USD/CNY was unchanged 0% to 6.7448, while EUR/CNY fell 0.07% to 7.7059.

The US Dollar Index Futures was up 0.03% at 95.602.

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