3 months ago
Stock Market

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

Investing.com – China stocks were mixed after the close on Monday, as gains in the Telecoms, Mobile and Banking sectors

Investing.com – China stocks were mixed after the close on Monday, as gains in the Telecoms, Mobile and Banking sectors led 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 rose 0.16%, while the SZSE Component index declined 0.48%.

The best performers 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. Meanwhile, 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.

The worst performers of the session were Join in Holding Co Ltd (SS:600745), which fell 8.65% or 2.370 points to trade at 25.030 at the close. 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) was down 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.

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

Shares in Laobaixing Pharmacy Chain Joint Stock Co (SS:603883) fell to 52-week lows; falling 8.20% or 4.650 to 52.090.

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

Gold Futures for February delivery was up 0.05% or 0.65 to $1242.05 a troy ounce. Elsewhere in commodities trading, 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 0.04% at 96.868.