Investing.com – China equities were lower at the close on Thursday, as losses in the Real Estate Investments & Services, Telecoms and Mobile sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite lost 0.36%, while the SZSE Component index declined 0.26%.
The biggest gainers of the session on the Shanghai Composite were Baoding Tianwei Baobian Electric Co Ltd (SS:600550), which rose 10.10% or 0.410 points to trade at 4.470 at the close. XiAn Typical Industries Co Ltd (SS:600302) added 10.10% or 0.500 points to end at 5.450 and Jiangsu Sunshine Co Ltd (SS:600220) was up 10.09% or 0.220 points to 2.400 in late trade.
Biggest losers included Pengqi Technology Development Co Ltd B (SS:900907), which lost 10.09% or 0.046 points to trade at 0.410 in late trade. ARTS Group Co Ltd (SS:603017) declined 10.02% or 1.390 points to end at 12.480 and Pengqi Technology Development Co Ltd A (SS:600614) shed 9.92% or 0.630 points to 5.720.
The top performers on the SZSE Component were Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which rose 10.08% to 5.35, Guangzhou Friendship Group Co Ltd (SZ:000987) which was up 10.04% to settle at 8.77 and Shenzhen Fenda Technology Co Ltd (SZ:002681) which gained 10.04% to close at 5.04.
The worst performers were Shanghai Kingstar Winning Software (SZ:300253) which was down 7.16% to 11.15 in late trade, Sealand Securities Co Ltd (SZ:000750) which lost 6.51% to settle at 5.17 and Suzhou Victory Precision Manufacture Co Ltd (SZ:002426) which was down 5.17% to 2.75 at the close.
Declining stocks outnumbered rising ones by 876 to 513 and 92 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 23.48 a new 3-month low.
In commodities trading, Gold Futures for February delivery was up 0.38% or 4.95 to $1296.95 a troy ounce. Meanwhile, Crude oil for delivery in February fell 1.20% or 0.63 to hit $51.73 a barrel, while the March Brent oil contract fell 1.11% or 0.68 to trade at $60.76 a barrel.
USD/CNY was down 0.45% to 6.7871, while EUR/CNY fell 0.25% to 7.8421.
The US Dollar Index Futures was down 0.04% at 94.750.