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China shares lower at close of trade; Shanghai Composite down 0.14%

Published 26/11/2018, 06:35 pm
China shares lower at close of trade; Shanghai Composite down 0.14%
FTXIN4404010
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FTXIN4101010
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FTXIN415
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SSEC
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VXFXI
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600538
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600715
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600776
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SZI
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600604
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000917
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002075
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000592
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000979
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002168
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002512
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603336
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603040
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Investing.com – China equities were lower at the close on Monday, as losses in the Retailers, Software & Computer Services and Telecoms sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite declined 0.14%, while the SZSE Component index lost 0.27%.

The biggest gainers of the session on the Shanghai Composite were Beihai Gofar Marine Biological Industry Co Ltd (SS:600538), which rose 10.10% or 0.510 points to trade at 5.560 at the close. Eastern Communications Co Ltd A (SS:600776) added 10.09% or 0.450 points to end at 4.910 and Cultural Investment Holdings Co Ltd (SS:600715) was up 10.07% or 0.550 points to 6.010 in late trade.

Biggest losers included Great-Sun Foods Co Ltd (SS:603336), which lost 10.02% or 1.780 points to trade at 15.990 in late trade. Hangzhou XZB Tech Co Ltd (SS:603040) declined 10.01% or 2.89 points to end at 25.99 and Shanghai Shibei Hi-Tech Co Ltd A (SS:600604) shed 9.98% or 1.02 points to 9.20.

The top performers on the SZSE Component were Zhongfu Straits Pingtan Development Co Ltd (SZ:000592) which rose 10.14% to 3.26, Shenzhen Hifuture Electric (SZ:002168) which was up 10.00% to settle at 11.00 and Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which gained 7.49% to close at 7.18.

The worst performers were Jiangsu Shagang Co Ltd (SZ:002075) which was down 10.02% to 9.34 in late trade, Zhonghong Holding Co Ltd (SZ:000979) which lost 10.00% to settle at 0.36 and Tatwah Smartech Co Ltd (SZ:002512) which was down 9.75% to 6.11 at the close.

Declining stocks outnumbered rising ones by 790 to 598 and 86 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 29.99.

In commodities trading, Gold Futures for February delivery was up 0.31% or 3.80 to $1232.90 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.13% or 0.57 to hit $50.99 a barrel, while the February Brent oil contract rose 1.44% or 0.85 to trade at $59.89 a barrel.

USD/CNY was down 0.15% to 6.9379, while EUR/CNY rose 0.11% to 7.8844.

The US Dollar Index Futures was down 0.13% at 96.700.

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