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China shares lower at close of trade; Shanghai Composite down 0.22%

Published 08/11/2018, 06:35 pm
China shares lower at close of trade; Shanghai Composite down 0.22%
FTXIN4151020
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FTXIN4101010
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FTXIN415
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SSEC
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VXFXI
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600086
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600601
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600687
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600689
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601118
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SZI
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002665
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002477
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002147
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000727
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002739
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300001
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603032
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Investing.com – China equities were lower at the close on Thursday, as losses in the Software & Computer Services, Telecoms and Mobile sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.22%, while the SZSE Component index fell 0.70%.

The biggest gainers of the session on the Shanghai Composite were Founder Technology Group Co Ltd (SS:600601), which rose 10.08% or 0.260 points to trade at 2.840 at the close. Gangtai Holdin (SS:600687) added 10.07% or 0.600 points to end at 6.560 and Shanghai Sanmao Enterprise Group Co Ltd A (SS:600689) was up 10.05% or 1.050 points to 11.500 in late trade.

Biggest losers included Eastern Gold Jade Co Ltd (SS:600086), which lost 10.00% or 0.660 points to trade at 5.940 in late trade. China Hainan Rubber Industry Group Co Ltd (SS:601118) declined 9.97% or 0.660 points to end at 5.960 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) shed 8.81% or 3.27 points to 33.86.

The top performers on the SZSE Component were Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which rose 10.13% to 1.74, Nanjing Huadong Electronics Information & Technology Co Ltd (SZ:000727) which was up 7.69% to settle at 1.54 and Qingdao TGOOD Electric Co Ltd (SZ:300001) which gained 6.94% to close at 14.80.

The worst performers were Wanda Cinema Line Corp (SZ:002739) which was down 10.00% to 22.67 in late trade, Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which lost 9.99% to settle at 7.84 and Beijing Shouhang Resources Saving Co Ltd (SZ:002665) which was down 9.93% to 3.81 at the close.

Declining stocks outnumbered rising ones by 833 to 566 and 73 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 27.37.

In commodities trading, Gold Futures for December delivery was down 0.08% or 1.00 to $1225.20 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.23% or 0.14 to hit $61.81 a barrel, while the January Brent oil contract rose 0.25% or 0.18 to trade at $72.25 a barrel.

USD/CNY was up 0.10% to 6.9270, while EUR/CNY rose 0.10% to 7.9166.

The US Dollar Index Futures was up 0.23% at 96.03.

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