Investing.com – China stocks were lower after the close on Monday, as losses in the Telecoms, Mobile and Life Insurance sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 0.59%, while the SZSE Component index lost 0.15%.
The best performers of the session on the Shanghai Composite were Beida Jade Bir (SS:600076), which rose 10.06% or 0.530 points to trade at 5.800 at the close. Meanwhile, Metro Land (SS:600683) added 10.04% or 1.020 points to end at 11.180 and Dahua Chemical (SS:900951) was up 10.03% or 0.128 points to 1.404 in late trade.
The worst performers of the session were Guizhou Rope (SS:600992), which fell 9.79% or 2.020 points to trade at 18.620 at the close. Aluminum Corp (SS:601600) declined 8.53% or 0.890 points to end at 9.540 and China Merchant (SS:600999) was down 6.61% or 2.290 points to 32.370.
The top performers on the SZSE Component were Iflytek Co Ltd (SZ:002230) which rose 8.24% to 54.10, Beijing Originwater Technology (SZ:300070) which was up 7.54% to settle at 54.36 and Leshi Internet Info Tech (SZ:300104) which gained 7.26% to close at 76.80.
The worst performers were Changjiang Securities Co Ltd (SZ:000783) which was down 4.93% to 16.21 in late trade, Chongqing Changan Automobile Co Ltd (SZ:000625) which lost 3.33% to settle at 22.04 and Midea Group Co Ltd (SZ:000333) which was down 2.89% to 33.21 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 597 to 367.
Shares in Dahua Chemical (SS:900951) rose to all time highs; rising 10.03% or 0.128 to 1.404. Shares in Iflytek Co Ltd (SZ:002230) rose to all time highs; gaining 8.24% or 4.12 to 54.10. Shares in Beijing Originwater Technology (SZ:300070) rose to all time highs; rising 7.54% or 3.81 to 54.36.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.44% to 27.21.
Gold for June delivery was up 0.21% or 2.60 to $1227.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.58% or 0.95 to hit $61.49 a barrel, while the July Brent oil contract rose 1.28% or 0.85 to trade at $67.67 a barrel.
USD/CNY was down 0.03% to 6.2044, while EUR/CNY fell 0.58% to 7.0622.
The US Dollar Index was up 0.47% at 93.73.