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

China shares lower at close of trade; Shanghai Composite down 2.49%

Published 23/11/2018, 06:35 pm
© Reuters.  China shares lower at close of trade; Shanghai Composite down 2.49%
FTXIN4404010
-
FTXIN4101010
-
FTXIN410
-
SSEC
-
VXFXI
-
600020
-
600538
-
600678
-
600825
-
SZI
-
600604
-
000793
-
002699
-
002028
-
002143
-
000538
-
300413
-
603069
-

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

At the close in Shanghai, the Shanghai Composite lost 2.49%, while the SZSE Component index fell 3.26%.

The biggest gainers of the session on the Shanghai Composite were Sichuan Golden Summit Group Joint Stock Co Ltd (SS:600678), which rose 10.08% or 0.670 points to trade at 7.320 at the close. Hainan Haiqi Transportation Group Co Ltd (SS:603069) added 10.06% or 0.710 points to end at 7.770 and Beihai Gofar Marine Biological Industry Co Ltd (SS:600538) was up 10.02% or 0.460 points to 5.050 in late trade.

Biggest losers included Shanghai Shibei Hi-Tech Co Ltd A (SS:600604), which lost 10.04% or 1.14 points to trade at 10.22 in late trade. Henan Zhongyuan Expressway Co Ltd (SS:600020) declined 10.02% or 0.460 points to end at 4.130 and Shanghai Xinhua Media Co Ltd (SS:600825) shed 10.02% or 0.650 points to 5.840.

The top performers on the SZSE Component were Yunnan Baiyao Group Co Ltd (SZ:000538) which rose 6.83% to 75.03, Sieyuan Electric Co Ltd (SZ:002028) which was up 3.75% to settle at 11.33 and Happigo Home Shopping Co Ltd (SZ:300413) which gained 3.22% to close at 36.90.

The worst performers were Yinji Entertainment Media Co Ltd (SZ:002143) which was down 10.07% to 3.66 in late trade, Huawen Media Investment Corp (SZ:000793) which lost 10.00% to settle at 3.69 and Meisheng Cultural & Creative Corp Ltd (SZ:002699) which was down 9.97% to 6.14 at the close.

Declining stocks outnumbered rising ones by 1424 to 44 and 5 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 30.22.

In commodities trading, Gold Futures for December delivery was down 0.31% or 3.80 to $1224.20 a troy ounce. Meanwhile, Crude oil for delivery in January fell 2.29% or 1.25 to hit $53.38 a barrel, while the January Brent oil contract fell 0.81% or 0.51 to trade at $62.09 a barrel.

USD/CNY was up 0.15% to 6.9422, while EUR/CNY rose 0.22% to 7.9215.

The US Dollar Index Futures was down 0.23% at 96.360.

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.