3 months ago
Stock Market

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

Investing.com – China stocks were higher after the close on Tuesday, as gains in the Real Estate Investments&Services, Media and

Investing.com – China stocks were higher after the close on Tuesday, as gains in the Real Estate Investments&Services, Media and Travel&Leisure sectors led shares higher.

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

The best performers 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. Meanwhile, 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.

The worst performers of the session were Zhejiang Langdi Group Co Ltd (SS:603726), which fell 10.00% or 2.520 points to trade at 22.680 at the close. 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) was down 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.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1022 to 358 and 93 ended unchanged.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 27.11.

Gold Futures for February delivery was up 0.29% or 3.65 to $1253.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.04% or 0.02 to hit $51.02 a barrel, while the February Brent oil contract fell 0.02% or 0.01 to trade at $59.96 a barrel.

USD/CNY was down 0.25% to 6.8951, while EUR/CNY fell 0.08% to 7.8408.

The US Dollar Index Futures was down 0.15% at 97.042.