Investing.com – China equities were higher at the close on Monday, as gains in the Banking, Life Insurance and Real Estate Investments & Services sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 2.49%, while the SZSE Component index climbed 2.80%.
The biggest gainers of the session on the Shanghai Composite were Changchun Sinoenergy Corp (SS:600856), which rose 10.09% or 0.570 points to trade at 6.220 at the close. Zhejiang Whwh (SS:600576) added 10.06% or 0.49 points to end at 5.36 and Shanghai Highly Group Co Ltd A (SS:600619) was up 10.04% or 1.130 points to 12.390 in late trade.
Biggest losers included Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165), which lost 10.02% or 1.340 points to trade at 12.030 in late trade. Zhejiang Huahai Pharmaceutical Co Ltd (SS:600521) declined 9.99% or 2.280 points to end at 20.540 and Zhengping Road & Bridge Construction Co Ltd (SS:603843) shed 9.95% or 0.910 points to 8.240.
The top performers on the SZSE Component were JPMF Guangdong Co Ltd (SZ:002600) which rose 10.04% to 5.04, Xinjiang Goldwind Science & Technology Co Ltd Class A (SZ:002202) which was up 10.04% to settle at 12.93 and Hangzhou Tigermed Consulting (SZ:300347) which gained 10.00% to close at 62.79.
The worst performers were Beijing Baofeng Technology Co Ltd (SZ:300431) which was down 10.02% to 12.75 in late trade, Wonders Information (SZ:300168) which lost 10.01% to settle at 19.14 and Yinji Entertainment Media Co Ltd (SZ:002143) which was down 10.01% to 10.88 at the close.
Advancing stocks outnumbered falling ones by 1325 to 70 and 15 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 24.92.
In commodities trading, Gold Futures for August delivery was up 0.38% or 4.80 to $1260.60 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.15% or 0.11 to hit $73.69 a barrel, while the September Brent oil contract rose 0.51% or 0.39 to trade at $77.50 a barrel.
USD/CNY was down 0.33% to 6.6218, while EUR/CNY fell 0.23% to 7.7858.
The US Dollar Index Futures was down 0.10% at 93.67.