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 Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares lower.
At the close in Shanghai, the Shanghai Composite gained 2.17% to hit a new 3-year high, while the SZSE Component index fell 1.11%.
The biggest gainers of the session on the Shanghai Composite were Hainan Airline (SS:600221), which rose 10.08% or 0.600 points to trade at 6.550 at the close. Citic Guoan Vi (SS:600084) added 10.05% or 1.020 points to end at 11.170 and Air China SS (SS:601111) was up 10.04% or 1.230 points to 13.480 in late trade.
Biggest losers included Kama-B (SS:900953), which lost 10.01% or 0.146 points to trade at 1.312 in late trade. Ch Text Mach-B (SS:900906) declined 10.01% or 0.102 points to end at 0.917 and Jiangsu Pacific Quartz Co Ltd (SS:603688) shed 10.01% or 3.79 points to 34.07.
The top performers on the SZSE Component were Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) which rose 9.92% to 5.43, Bank of Ningbo Co Ltd (SZ:002142) which was up 8.69% to settle at 23.88 and Jilin Aodong Pharmaceutical Group Co Ltd (SZ:000623) which gained 6.91% to close at 46.08.
The worst performers were Leshi Internet Info Tech (SZ:300104) which was down 7.12% to 71.23 in late trade, Iflytek Co Ltd (SZ:002230) which lost 6.41% to settle at 50.35 and AVIC Aircraft Co Ltd (SZ:000768) which was down 5.89% to 43.27 at the close.
Declining stocks outnumbered rising ones by 519 to 422 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.35% to 31.48.
In commodities trading, Gold for August delivery was up 0.42% or 4.90 to $1173.00 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.52% or 0.31 to hit $58.82 a barrel, while the July Brent oil contract fell 0.30% or 0.19 to trade at $63.12 a barrel.
USD/CNY was up 0.03% to 6.2051, while EUR/CNY rose 0.36% to 6.9199.
The US Dollar Index was down 0.29% at 96.11.