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Home / International Markets / China stocks higher at close of trade; Shanghai Composite up 0.28%
China stocks higher at close of trade; Shanghai Composite up 0.28%

China stocks higher at close of trade; Shanghai Composite up 0.28%

BEIJING: China stocks were higher after the close on Friday, as gains in the Software & Computer Services, Real Estate Investments & Services and Telecoms sectors led shares higher. At the close in Shanghai, the Shanghai Composite added 0.28%, while the SZSE Component index climbed 0.44%. The best performers of the session on the Shanghai Composite were Shanghai International Port Group Co Ltd (SS:600018), which rose 10.06% or 0.720 points to trade at 7.880 at the close. Meanwhile, China United Travel Co Ltd (SS:600358) added 10.03% or 0.72 points to end at 7.90 and CTS International Logistics Corp Ltd (SS:603128) was up 10.03% or 0.990 points to 10.860 in late trade.

The worst performers of the session were Zhejiang Three Stars New Materials Co Ltd (SS:603578), which fell 9.99% or 4.63 points to trade at 41.70 at the close. MeiHua Holdings Group Co Ltd (SS:600873) declined 6.47% or 0.420 points to end at 6.070 and Zhejiang Tuna Environmental Science & Technology Co Ltd (SS:603177) was down 6.02% or 1.42 points to 22.17. The top performers on the SZSE Component were BlueFocus Communication Group (SZ:300058) which rose 10.03% to 7.90, Beijing Kunlun Tech Co Ltd (SZ:300418) which was up 10.02% to settle at 29.32 and Gohigh Data Networks Technology Co Ltd (SZ:000851) which gained 7.06% to close at 11.98. The worst performers were Beijing Oriental Yuhong Waterproof Technology Co Ltd (SZ:002271) which was down 5.31% to 38.35 in late trade, Beijing UniStrong Science & Technology Co Ltd (SZ:002383) which lost 4.99% to settle at 16.57 and Anhui Gujing Distillery Co Ltd (SZ:000596) which was down 4.22% to 67.33 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1110 to 205 and 21 ended unchanged. Shares in Shanghai International Port Group Co Ltd (SS:600018) rose to 52-week highs; rising 10.06% or 0.720 to 7.880. Shares in Beijing Kunlun Tech Co Ltd (SZ:300418) rose to 52-week highs; rising 10.02% or 2.67 to 29.32. The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 2.03% to 17.62. Gold Futures for December delivery was down 0.52% or 6.67 to $1283.33 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.35% or 0.18 to hit $51.47 a barrel, while the December Brent oil contract rose 0.33% or 0.19 to trade at $57.42 a barrel. USD/CNY was down 0.21% to 6.6171, while EUR/CNY fell 0.47% to 7.8050. The US Dollar Index Futures was up 0.46% at 93.43.