China stocks mixed at close of trade; Shanghai Composite up 0.26%

Jul 31, 2018

China stocks were mixed after the close on Tuesday, as gains in the Oil Equipment Services&Distribution, Real Estate Investments&Services and Retailers sectors led shares higher while losses in the Technology Hardware&Equipment, Technology and Software&Computer Services sectors led shares lower.

At the close in Shanghai, the Shanghai Composite rose 0.26%, while the SZSE Component index declined 0.03%.

The best performers of the session on the Shanghai Composite were Taiyuan Chemical Industry Co Ltd (SS:600281), which rose 10.08% or 0.370 points to trade at 4.040 at the close. Meanwhile, Yaxing Chem (SS:600319) added 10.06% or 0.510 points to end at 5.580 and Sichuan Xichang Electric Power Co Ltd (SS:600505) was up 10.04% or 0.480 points to 5.260 in late trade.

The worst performers of the session were Hongfa Technology Co Ltd (SS:600885), which fell 10.01% or 2.510 points to trade at 22.560 at the close. Wuhan Yangtze Communication Industry Group Co Ltd (SS:600345) declined 10.00% or 3.140 points to end at 28.270 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) was down 9.84% or 1.68 points to 15.40.

The top performers on the SZSE Component were By health (SZ:300146) which rose 10.00% to 18.26, Giant Network Group Co Ltd (SZ:002558) which was up 9.48% to settle at 20.91 and Guangzhou Friendship Group Co Ltd (SZ:000987) which gained 6.23% to close at 8.01.

The worst performers were Sichuan Haite High-tech Co Ltd (SZ:002023) which was down 10.01% to 12.40 in late trade, Guangzhou Tinci Materials Technology Co Ltd (SZ:002709) which lost 10.00% to settle at 32.31 and Shanxi Meijin Energy Co Ltd (SZ:000723) which was down 9.94% to 4.89 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 809 to 549 and 66 ended unchanged.

Shares in Hongfa Technology Co Ltd (SS:600885) fell to 52-week lows; falling 10.01% or 2.510 to 22.560. Shares in By health (SZ:300146) rose to 52-week highs; up 10.00% or 1.66 to 18.26. Shares in Guangzhou Tinci Materials Technology Co Ltd (SZ:002709) fell to 52-week lows; falling 10.00% or 3.59 to 32.31. Shares in Shanxi Meijin Energy Co Ltd (SZ:000723) fell to 52-week lows; down 9.94% or 0.54 to 4.89.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.29.

Gold Futures for August delivery was down 0.15% or 1.80 to $1219.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.46% or 0.32 to hit $69.81 a barrel, while the October Brent oil contract fell 0.36% or 0.27 to trade at $75.28 a barrel.

USD/CNY was up 0.17% to 6.8268, while EUR/CNY rose 0.40% to 8.0063.

The US Dollar Index Futures was down 0.10% at 94.05.