👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

China shares lower at close of trade; Shanghai Composite down 0.48%

Published 17/05/2018, 05:35 pm
© Reuters.  China shares lower at close of trade; Shanghai Composite down 0.48%
FTXIN4404010
-
FTXIN4303010
-
FTXIN4405010
-
SSEC
-
VXFXI
-
600339
-
600623
-
600841
-
601000
-
SZI
-
603088
-
000034
-
000158
-
300157
-
002180
-
603800
-
300038
-
002359
-

Investing.com – China equities were lower at the close on Thursday, as losses in the Travel & Leisure, Retailers and Life Insurance sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.48%, while the SZSE Component index lost 0.61%.

The biggest gainers of the session on the Shanghai Composite were Xinjiang Dushanzi TianLi High & NewTech Co Ltd PRC (SS:600339), which rose 10.11% or 0.440 points to trade at 4.790 at the close. Suzhou Douson Drilling & Production Equipment Co Ltd (SS:603800) added 10.04% or 1.370 points to end at 15.020 and Double Coin A (SS:600623) was up 10.04% or 1.100 points to 12.060 in late trade.

Biggest losers included Tangshan Port Group Co Ltd (SS:601000), which lost 24.45% or 1.110 points to trade at 3.430 in late trade. Shanghai Diesel Engine Co Ltd A (SS:600841) declined 9.99% or 1.420 points to end at 12.790 and JDM JingDa Machine Ningbo Co Ltd (SS:603088) shed 9.98% or 2.63 points to 23.71.

The top performers on the SZSE Component were Shenzhen Shenxin Taifeng Group Co Ltd (SZ:000034) which rose 9.99% to 22.36, LandOcean Energy Services Co (SZ:300157) which was up 7.64% to settle at 7.89 and Shijiazhuang Changshan Textile Co Ltd (SZ:000158) which gained 5.85% to close at 8.69.

The worst performers were Shandong Qixing Iron Tower Co Ltd (SZ:002359) which was down 10.01% to 21.75 in late trade, Beijing Miteno Communication Technology Co Ltd (SZ:300038) which lost 6.68% to settle at 14.11 and Apex Technology Co Ltd (SZ:002180) which was down 4.98% to 31.09 at the close.

Declining stocks outnumbered rising ones by 779 to 530 and 68 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 20.58.

In commodities trading, Gold Futures for June delivery was down 0.21% or 2.70 to $1288.80 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.41% or 0.29 to hit $71.78 a barrel, while the July Brent oil contract rose 0.37% or 0.29 to trade at $79.57 a barrel.

USD/CNY was down 0.09% to 6.3660, while EUR/CNY fell 0.07% to 7.5170.

The US Dollar Index Futures was unchanged 0.00% at 93.27.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.