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China shares mixed at close of trade; Shanghai Composite up 0.16%

Published 17/12/2018, 06:35 pm
© Reuters.  China shares mixed at close of trade; Shanghai Composite up 0.16%
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Investing.com – China equities were mixed at the close on Monday, as gains in the Telecoms, Mobile and Banking sectors propelled shares higher while losses in the Oil Equipment Services & Distribution, Life Insurance and Travel & Leisure sectors led shares lower.

At the close in Shanghai, the Shanghai Composite added 0.16%, while the SZSE Component index declined 0.48%.

The biggest gainers of the session on the Shanghai Composite were Guangzhou Pearl River Industrial Development Co Ltd (SS:600684), which rose 10.05% or 0.400 points to trade at 4.380 at the close. ARTS Group Co Ltd (SS:603017) added 10.00% or 1.030 points to end at 11.330 and Kunwu Jiuding Investment Holdings Co Ltd (SS:600053) was up 9.99% or 1.800 points to 19.820 in late trade.

Biggest losers included Join in Holding Co Ltd (SS:600745), which lost 8.65% or 2.370 points to trade at 25.030 in late trade. Laobaixing Pharmacy Chain Joint Stock Co (SS:603883) declined 8.20% or 4.650 points to end at 52.090 and Shanghai Runda Medical Technology Co Ltd (SS:603108) shed 7.51% or 0.650 points to 8.000.

The top performers on the SZSE Component were Jiangsu Jiujiujiu Technology Co Ltd (SZ:002411) which rose 10.00% to 24.20, Shenzhen Agricultural Products Co Ltd (SZ:000061) which was up 8.38% to settle at 5.56 and Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) which gained 7.31% to close at 9.10.

The worst performers were By health (SZ:300146) which was down 10.01% to 18.87 in late trade, Sichuan Danfu Compressor Co Ltd (SZ:002366) which lost 9.15% to settle at 10.52 and Wonders Information (SZ:300168) which was down 7.03% to 11.77 at the close.

Declining stocks outnumbered rising ones by 700 to 696 and 79 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 4.51% to 26.40.

In commodities trading, Gold Futures for February delivery was up 0.06% or 0.70 to $1242.10 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.16% or 0.08 to hit $51.55 a barrel, while the February Brent oil contract unchanged 0.00% or 0.00 to trade at $60.28 a barrel.

USD/CNY was down 0.13% to 6.8985, while EUR/CNY fell 0.12% to 7.8088.

The US Dollar Index Futures was down 0.05% at 96.865.

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