China stocks higher at close of trade Shanghai Composite up ...| MENAFN.COM

Saturday, 10 December 2022 03:08 GMT

China stocks higher at close of trade Shanghai Composite up 2.41%

(MENAFN- FxPro) China stocks were higher after the close on Monday, as gains in the Retailers, Gas, Water&Multiutilities and Travel&Leisure sectors led shares higher.
At the close in Shanghai, the Shanghai Composite added 2.41%, while
the SZSE Component index added 4.79%.
The best performers of the session on the Shanghai Composite were Wintime Energy (SS:600157), which rose 10.11% or 0.44 points to trade at 4.79 at the close. Meanwhile, Lingyuan Steel (SS:600231) added 10.10% or 0.490 points to end at 5.340 and Maanshan Iron SS (SS:600808) was up 10.09% or 0.470 points to 5.130 in late trade.
The worst performers of the session were Yuguang (SS:600531), which fell 6.17% or 1.530 points to trade at 23.250 at the close. Cn Citic Bank (SS:601998) declined 5.83% or 0.570 points to end at 9.210 and Bank Of China SS (SS:601988) was down 5.61% or 0.310 points to 5.220.
The top performers on the SZSE Component were Hainan Expressway Co Ltd (SZ:000886) which rose 10.09% to 6.00, Shenzhen Airport Co Ltd (SZ:000089) which was up 10.08% to settle at 7.10 and Luxi Chemical Group Co Ltd (SZ:000830) which gained 10.07% to close at 8.31.

The worst performers were Jiangsu Yuyue Medical Equipment&Supply Co Ltd (SZ:002223) which was down 10.00% to 60.48 in late trade, Ping An Bank Co Ltd (SZ:000001) which lost 2.83% to settle at 14.44 and Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which was down 1.86% to 75.45 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 893 to 44.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 8.98% to 38.91.
Gold for August delivery was down 0.29% or 3.40 to $1154.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.59% or 0.84 to hit $51.90 a barrel, while the September Brent oil contract fell 1.45% or 0.85 to trade at $58.15 a barrel.
USD/CNY was down 0.01% to 6.2086, while EUR/CNY fell 0.08% to 6.9251.

The US Dollar Index was up 0.11% at 96.06.

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