China shares higher at close of trade; Shanghai Composite up 0.37%

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China shares higher at close of trade; Shanghai Composite up 0.37%
Credit: © Reuters.

Investing.com – China equities were higher at the close on Thursday, as gains in the Software & Computer Services , Technology and Technology Hardware & Equipment sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.37%, while the SZSE Component index gained 0.55%.

The biggest gainers of the session on the Shanghai Composite were Silvery Dragon Prestressed Materials Co Ltd Tianjin (SS: 603969 ), which rose 10.08% or 0.64 points to trade at 6.99 at the close. DELIXI XINJIANG Transportation Co Ltd (SS: 603032 ) added 10.02% or 1.43 points to end at 15.70 and Shanghai Weaver Network Co Ltd (SS: 603039 ) was up 10.00% or 8.59 points to 94.49 in late trade.

Biggest losers included Shanghai LongYun Advertising & Media Co Ltd (SS: 603729 ), which lost 10.00% or 2.25 points to trade at 20.24 in late trade. Shangying Global Co Ltd (SS: 600146 ) declined 9.99% or 1.18 points to end at 10.63 and Gangtai Holdin (SS: 600687 ) shed 9.97% or 0.660 points to 5.960.

The top performers on the SZSE Component were Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ: 000766 ) which rose 10.07% to 7.98, Beijing Easpring Material Tech (SZ: 300073 ) which was up 10.00% to settle at 24.96 and Zhejiang Zhongcheng Packing Material Co Ltd (SZ: 002522 ) which gained 9.98% to close at 5.07.

The worst performers were Shenwu Environmental Tech (SZ: 300156 ) which was down 9.05% to 6.13 in late trade, Guangdong Tapai Group Co Ltd (SZ: 002233 ) which lost 7.72% to settle at 12.43 and Hangzhou Robam Appliances Co Ltd (SZ: 002508 ) which was down 6.89% to 22.98 at the close.

Advancing stocks outnumbered falling ones by 893 to 433 and 116 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.28.

In commodities trading, Gold Futures for December delivery was down 0.75% or 9.00 to $1194.30 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.21% or 0.14 to hit $67.72 a barrel, while the October Brent oil contract fell 0.37% or 0.28 to trade at $74.50 a barrel.

USD/CNY was up 0.44% to 6.8718, while EUR/CNY rose 0.16% to 7.9466.

The US Dollar Index Futures was up 0.28% at 95.27.

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