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China shares mixed at close of trade; Shanghai Composite down 0.51%

Published 26/06/2018, 05:35 pm
© Reuters.  China shares mixed at close of trade; Shanghai Composite down 0.51%
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Investing.com – China equities were mixed at the close on Tuesday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors propelled shares higher while losses in the Real Estate Investments & Services, Travel & Leisure and Banking sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.51% to hit a new 52-week low, while the SZSE Component index added 0.16%.

The biggest gainers of the session on the Shanghai Composite were Shanghai Greencourt Investment Group Co Ltd A (SS:600695), which rose 10.06% or 0.33 points to trade at 3.61 at the close. Qingdao Tianhua Institute Chemistry Engineering Co Ltd (SS:600579) added 10.05% or 0.95 points to end at 10.40 and Sichuan Swellfun Co Ltd (SS:600779) was up 10.01% or 5.060 points to 55.620 in late trade.

Biggest losers included Zhongzhu Medical Holdings Co Ltd (SS:600568), which lost 10.08% or 0.530 points to trade at 4.730 in late trade. Nanjing Xinjiekou Department Store Co Ltd (SS:600682) declined 10.01% or 2.51 points to end at 22.56 and Nanjing Kangni Mechanical & Electrical Co Ltd (SS:603111) shed 10.00% or 0.89 points to 8.01.

The top performers on the SZSE Component were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which rose 10.11% to 2.94, Guilin Guanglu Measuring Instrument Co Ltd (SZ:002175) which was up 10.06% to settle at 3.83 and Guangdong Eastone Century Technology Co Ltd (SZ:300310) which gained 10.04% to close at 5.92.

The worst performers were Wasu Media Holding Co Ltd (SZ:000156) which was down 10.00% to 10.26 in late trade, Hongda Xingye Co Ltd (SZ:002002) which lost 9.95% to settle at 5.61 and Jiangsu Zhongnan Construction Group Co Ltd (SZ:000961) which was down 9.88% to 6.57 at the close.

Advancing stocks outnumbered falling ones by 968 to 380 and 46 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 24.01 a new 1-month high.

In commodities trading, Gold Futures for August delivery was down 0.36% or 4.60 to $1264.30 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.46% or 0.31 to hit $68.39 a barrel, while the September Brent oil contract rose 0.56% or 0.42 to trade at $74.97 a barrel.

USD/CNY was up 0.13% to 6.5530, while EUR/CNY rose 0.13% to 7.6636.

The US Dollar Index Futures was up 0.05% at 94.00.

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