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China shares lower at close of trade; Shanghai Composite down 0.88%

Published 25/12/2018, 06:35 pm
© Reuters.  China shares lower at close of trade; Shanghai Composite down 0.88%
FTXIN4651020
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600250
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600776
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002030
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Investing.com – China equities were lower at the close on Tuesday, as losses in the Oil Equipment Services & Distribution, Media and Gas, Water & Multiutilities sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite declined 0.88% to hit a new 1-month low, while the SZSE Component index declined 0.81%.

The biggest gainers of the session on the Shanghai Composite were Nanjing Textiles Import & Export Corp Ltd (SS:600250), which rose 10.03% or 0.740 points to trade at 8.120 at the close. GuangDong Super Telecom Co Ltd (SS:603322) added 10.02% or 2.640 points to end at 29.000 and Eastern Communications Co Ltd A (SS:600776) was up 10.01% or 0.850 points to 9.340 in late trade.

Biggest losers included Changzhou Tenglong Auto Parts Co Ltd (SS:603158), which lost 10.02% or 1.64 points to trade at 14.73 in late trade. Changyuan Group Ltd (SS:600525) declined 9.95% or 0.560 points to end at 5.070 and Gem-Year Industrial Co Ltd (SS:601002) shed 8.79% or 0.540 points to 5.600.

The top performers on the SZSE Component were Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which rose 9.98% to 6.94, Gosuncn Technology Group Co Ltd Class A (SZ:300098) which was up 6.77% to settle at 6.62 and Tatwah Smartech Co Ltd (SZ:002512) which gained 4.32% to close at 6.04.

The worst performers were Shenzhen Techand Eco Environment (SZ:300197) which was down 9.89% to 3.92 in late trade, Wuhu Shunrong Auto Parts Co Ltd (SZ:002555) which lost 6.93% to settle at 9.80 and Da An Gene Co Ltd of Sun Yat-Sen University (SZ:002030) which was down 6.43% to 10.34 at the close.

Declining stocks outnumbered rising ones by 1171 to 277 and 26 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 6.96% to 31.03 a new 1-month high.

In commodities trading, Gold Futures for February delivery was up 1.14% or 14.40 to $1272.50 a troy ounce. Meanwhile, Crude oil for delivery in February fell 6.34% or 2.89 to hit $42.70 a barrel, while the March Brent oil contract fell 6.23% or 3.37 to trade at $50.73 a barrel.

USD/CNY was up 0.00% to 6.8992, while EUR/CNY rose 0.03% to 7.8680.

The US Dollar Index Futures was down 0.46% at 96.010.

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