Investing.com – China stocks were lower after the close on Thursday, as losses in the Telecoms, Mobile and Technology Hardware & Equipment sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 1.14%, while the SZSE Component index lost 1.45%.
The best performers of the session on the Shanghai Composite were DELIXI XINJIANG Transportation Co Ltd (SS:603032), which rose 10.00% or 1.75 points to trade at 19.25 at the close. Meanwhile, Zhonglu Co Ltd A (SS:600818) added 9.97% or 1.120 points to end at 12.350 and GuangZhou Baiyun Electric Equipment Co Ltd (SS:603861) was up 9.96% or 0.950 points to 10.490 in late trade.
The worst performers of the session were Xinjiang Tianye Co Ltd (SS:600075), which fell 9.98% or 0.65 points to trade at 5.86 at the close. Linewell Software Co Ltd (SS:603636) declined 8.90% or 0.880 points to end at 9.010 and Qingdao Copton Technology Co Ltd (SS:603798) was down 8.35% or 1.030 points to 11.300.
The top performers on the SZSE Component were Hisense Kelon Electrical Holdings Co Ltd (SZ:000921) which rose 10.03% to 8.67, Oceanwide Holdings Co Ltd (SZ:000046) which was up 6.03% to settle at 5.80 and Jilin Liyuan Precision Manufacturing Co Ltd (SZ:002501) which gained 4.51% to close at 3.94.
The worst performers were Palm Landscape Architecture Co Ltd (SZ:002431) which was down 9.99% to 6.04 in late trade, Sichuan Danfu Compressor Co Ltd (SZ:002366) which lost 9.98% to settle at 11.01 and Fujian Guanfu Modern Household Wares Co Ltd (SZ:002102) which was down 9.95% to 3.62 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1183 to 217 and 44 ended unchanged.
Shares in Xinjiang Tianye Co Ltd (SS:600075) fell to 52-week lows; falling 9.98% or 0.65 to 5.86. Shares in Qingdao Copton Technology Co Ltd (SS:603798) fell to all time lows; falling 8.35% or 1.030 to 11.300. Shares in Palm Landscape Architecture Co Ltd (SZ:002431) fell to 52-week lows; losing 9.99% or 0.67 to 6.04. Shares in Sichuan Danfu Compressor Co Ltd (SZ:002366) fell to 3-years lows; falling 9.98% or 1.22 to 11.01. Shares in Fujian Guanfu Modern Household Wares Co Ltd (SZ:002102) fell to 52-week lows; down 9.95% or 0.40 to 3.62.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.18% to 20.97.
Gold Futures for December delivery was down 0.14% or 1.70 to $1209.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.37% or 0.26 to hit $69.77 a barrel, while the November Brent oil contract rose 0.27% or 0.21 to trade at $77.67 a barrel.
USD/CNY was up 0.18% to 6.8333, while EUR/CNY rose 0.18% to 8.0008.
The US Dollar Index Futures was up 0.01% at 94.47.