Investing.com – China equities were higher at the close on Monday, as gains in the Software & Computer Services, Travel & Leisure and Technology sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 3.29% to hit a new 1-month high, while the SZSE Component index gained 4.00%.
The biggest gainers of the session on the Shanghai Composite were Dahua Chemical (SS:900951), which rose 10.07% or 0.072 points to trade at 0.787 at the close. Kibing Group (SS:601636) added 10.07% or 0.460 points to end at 5.030 and Sundy Land Inv (SS:600077) was up 10.07% or 0.560 points to 6.120 in late trade.
Biggest losers included Yili Energy (SS:600277), which lost 10.01% or 1.460 points to trade at 13.120 in late trade. Zhongzhu Holdi (SS:600568) declined 10.00% or 2.410 points to end at 21.690 and Zhongyuan Unio (SS:600645) shed 9.99% or 7.930 points to 71.410.
The top performers on the SZSE Component were FSPG Hi-Tech Co Ltd (SZ:000973) which rose 10.07% to 7.76, Guizhou Xinbang Pharmaceutical Co Ltd (SZ:002390) which was up 10.04% to settle at 12.27 and Rongsheng Petrochemical Co Ltd (SZ:002493) which gained 10.04% to close at 8.88.
The worst performers were Zhejiang Jingsheng Mech Electric (SZ:300316) which was down 10.01% to 18.88 in late trade, Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which lost 9.15% to settle at 29.38 and BYD Co Ltd (SZ:002594) which was down 2.43% to 59.46 at the close.
Advancing stocks outnumbered falling ones by 922 to 28 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.26% to 34.11 a new 1-month low.
In commodities trading, Gold for December delivery was up 0.75% or 8.70 to $1164.60 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.95% or 0.47 to hit $50.10 a barrel, while the December Brent oil contract rose 0.94% or 0.49 to trade at $53.41 a barrel.
USD/CNY was down 0.33% to 6.3244, while EUR/CNY fell 0.28% to 7.1883.
The US Dollar Index was down 0.13% at 94.81.