Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

China shares lower at close of trade; Shanghai Composite down 1.18%

Published 22/01/2019, 06:35 pm
Updated 22/01/2019, 06:35 pm
China shares lower at close of trade; Shanghai Composite down 1.18%

Investing.com – China equities were lower at the close on Tuesday, as losses in the Technology Hardware & Equipment, Technology and Software & Computer Services sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite fell 1.18%, while the SZSE Component index declined 1.44%.

The biggest gainers of the session on the Shanghai Composite were Citic Guoan Wine Co Ltd (SS:600084), which rose 10.15% or 0.330 points to trade at 3.580 at the close. Tianjin Tianhai Investment Co Ltd A (SS:600751) added 10.14% or 0.290 points to end at 3.150 and Zhejiang Huazheng New Material Co Ltd (SS:603186) was up 10.03% or 1.81 points to 19.86 in late trade.

Biggest losers included Qingdao Topscomm Communication Inc (SS:603421), which lost 6.98% or 1.820 points to trade at 24.240 in late trade. Tonghua Dongbao Pharmaceutical Co Ltd (SS:600867) declined 6.19% or 0.820 points to end at 12.420 and Guangdong Rongtai Industry Co Ltd (SS:600589) shed 5.70% or 0.280 points to 4.630.

The top performers on the SZSE Component were Beihai Yinhe Industry Investment Co Ltd (SZ:000806) which rose 10.02% to 4.94, Zhejiang Transfar Co Ltd (SZ:002010) which was up 8.42% to settle at 7.08 and Shenzhen Fenda Technology Co Ltd (SZ:002681) which gained 3.46% to close at 4.48.

The worst performers were Zhejiang Jingsheng Mech Electric (SZ:300316) which was down 8.49% to 9.38 in late trade, Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which lost 7.14% to settle at 1.69 and AVIC Electromechanical Systems Co Ltd (SZ:002013) which was down 5.83% to 6.95 at the close.

Declining stocks outnumbered rising ones by 1174 to 258 and 48 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 21.02 a new 3-month low.

In commodities trading, Gold Futures for February delivery was down 0.23% or 2.95 to $1279.65 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.59% or 0.32 to hit $53.72 a barrel, while the March Brent oil contract fell 0.69% or 0.43 to trade at $62.31 a barrel.

USD/CNY was up 0.19% to 6.8060, while EUR/CNY rose 0.07% to 7.7252.

The US Dollar Index Futures was up 0.14% at 96.123.

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.