China shares higher at close of trade; Shanghai Composite up 1.07%

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China shares higher at close of trade; Shanghai Composite up 1.07%
Credit: © Reuters.

Investing.com – China equities were higher at the close on Monday, as gains in the Real Estate Investments & Services , Software & Computer Services and Telecoms sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 1.07%, while the SZSE Component index gained 0.68%.

The biggest gainers of the session on the Shanghai Composite were Guizhou Changzheng Tiancheng Holding Co Ltd (SS: 600112 ), which rose 10.13% or 0.310 points to trade at 3.370 at the close. Long Yuan Construction Group Co Ltd (SS: 600491 ) added 10.06% or 0.700 points to end at 7.660 and Jiangsu Hongdou Industrial Co Ltd (SS: 600400 ) was up 10.03% or 0.370 points to 4.060 in late trade.

Biggest losers included Henan Oriental Silver Star Investment Co Ltd (SS: 600753 ), which lost 10.01% or 1.79 points to trade at 16.09 in late trade. Shanghai Hile Bio Technology Co Ltd (SS: 603718 ) declined 10.01% or 1.510 points to end at 13.580 and Hainan Airlines Co Ltd A (SS: 600221 ) shed 9.97% or 0.290 points to 2.620.

The top performers on the SZSE Component were CCOOP Group Co Ltd (SZ: 000564 ) which rose 10.02% to 4.72, Qingdao TGOOD Electric Co Ltd (SZ: 300001 ) which was up 10.02% to settle at 14.82 and Jiangxi Zhengbang Technology Co Ltd (SZ: 002157 ) which gained 10.00% to close at 4.07.

The worst performers were Huawen Media Investment Corp (SZ: 000793 ) which was down 10.08% to 4.46 in late trade, Dare Technology Co Ltd (SZ: 000910 ) which lost 10.02% to settle at 13.20 and Shenzhen Kangtai Biological Products Co Ltd (SZ: 300601 ) which was down 10.00% to 57.96 at the close.

Advancing stocks outnumbered falling ones by 1021 to 349 and 51 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 22.59.

In commodities trading, Gold Futures for August delivery was down 0.06% or 0.80 to $1230.30 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.13% or 0.09 to hit $68.17 a barrel, while the September Brent oil contract fell 0.01% or 0.01 to trade at $73.06 a barrel.

USD/CNY was up 0.01% to 6.7713, while EUR/CNY rose 0.14% to 7.9471.

The US Dollar Index Futures was down 0.18% at 94.08.

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