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China shares higher at close of trade; Shanghai Composite up 0.02%

Published 11/08/2015, 08:35
© Reuters.  China shares higher at close of trade; Shanghai Composite up 0.02%
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Investing.com – China equities were higher at the close on Tuesday, as gains in the Retailers, Oil Equipment Services & Distribution and Telecoms sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.02%, while the SZSE Component index added 0.15%.

The biggest gainers of the session on the Shanghai Composite were Huafang Co (SS:600448), which rose 10.05% or 0.850 points to trade at 9.310 at the close. Commo City (SS:600415) added 10.04% or 1.190 points to end at 13.040 and Jiangsu Sainty (SS:600287) was up 10.04% or 1.120 points to 12.270 in late trade.

Biggest losers included Tibet Pharma (SS:600211), which lost 10.00% or 6.010 points to trade at 54.110 in late trade. Butone Info (SS:600455) declined 8.02% or 4.550 points to end at 52.200 and China East Air SS (SS:600115) shed 7.39% or 0.910 points to 11.400.

The top performers on the SZSE Component were Zoomlion Heavy Industry Science and Technology Co Ltd (SZ:000157) which rose 10.04% to 7.45, Hunan Gold Corp Ltd (SZ:002155) which was up 10.04% to settle at 10.85 and Xinjiang International Industry Co Ltd (SZ:000159) which gained 10.03% to close at 10.64.

The worst performers were Zhejiang Dahua Technology Co Ltd (SZ:002236) which was down 4.46% to 39.41 in late trade, Fujian Sunner Development Co Ltd (SZ:002299) which lost 3.96% to settle at 21.84 and Zhejiang Crystal Optech Co Ltd (SZ:002273) which was down 3.76% to 28.40 at the close.

Advancing stocks outnumbered falling ones by 557 to 413 on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.62% to 29.27.

In commodities trading, Gold for December delivery was up 0.01% or 0.10 to $1104.20 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.87% or 0.39 to hit $44.57 a barrel, while the October Brent oil contract fell 0.56% or 0.28 to trade at $50.73 a barrel.

USD/CNY was up 1.78% to 6.3204, while EUR/CNY rose 1.83% to 6.9680.

The US Dollar Index was down 0.03% at 97.19.

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