China stocks mixed at close of trade; Shanghai Composite up 0.16%

China stocks mixed at close of trade; Shanghai Composite up 0.16%

Dec 17, 2018

China stocks were mixed after the close on Monday, as gains in the Telecoms, Mobile and Banking sectors led shares higher while losses in the Oil Equipment Services&Distribution, Life Insurance and Travel&Leisure sectors led shares lower.

At the close in Shanghai, the Shanghai Composite rose 0.16%, while the SZSE Component index declined 0.48%.

The best performers of the session on the Shanghai Composite were Guangzhou Pearl River Industrial Development Co Ltd (SS:600684), which rose 10.05% or 0.400 points to trade at 4.380 at the close. Meanwhile, ARTS Group Co Ltd (SS:603017) added 10.00% or 1.030 points to end at 11.330 and Kunwu Jiuding Investment Holdings Co Ltd (SS:600053) was up 9.99% or 1.800 points to 19.820 in late trade.

The worst performers of the session were Join in Holding Co Ltd (SS:600745), which fell 8.65% or 2.370 points to trade at 25.030 at the close. Laobaixing Pharmacy Chain Joint Stock Co (SS:603883) declined 8.20% or 4.650 points to end at 52.090 and Shanghai Runda Medical Technology Co Ltd (SS:603108) was down 7.51% or 0.650 points to 8.000.

The top performers on the SZSE Component were Jiangsu Jiujiujiu Technology Co Ltd (SZ:002411) which rose 10.00% to 24.20, Shenzhen Agricultural Products Co Ltd (SZ:000061) which was up 8.38% to settle at 5.56 and Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) which gained 7.31% to close at 9.10.

The worst performers were By health (SZ:300146) which was down 10.01% to 18.87 in late trade, Sichuan Danfu Compressor Co Ltd (SZ:002366) which lost 9.15% to settle at 10.52 and Wonders Information (SZ:300168) which was down 7.03% to 11.77 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 700 to 696 and 79 ended unchanged.

Shares in Laobaixing Pharmacy Chain Joint Stock Co (SS:603883) fell to 52-week lows; falling 8.20% or 4.650 to 52.090.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 4.51% to 26.40.

Gold Futures for February delivery was up 0.05% or 0.65 to $1242.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.16% or 0.08 to hit $51.55 a barrel, while the February Brent oil contract unchanged 0.00% or 0.00 to trade at $60.28 a barrel.

USD/CNY was down 0.13% to 6.8985, while EUR/CNY fell 0.12% to 7.8088.

The US Dollar Index Futures was down 0.04% at 96.868.

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