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China stocks lower at close of trade; Shanghai Composite down 0.17%

Published 09/03/2018, 03:35 AM
Updated 09/03/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.17%

Investing.com – China stocks were lower after the close on Monday, as losses in the Telecoms, Mobile and Travel & Leisure sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.17%, while the SZSE Component index declined 0.12%.

The best performers of the session on the Shanghai Composite were Hunan Baili Engineering Sci & Tech Co Ltd (SS:603959), which rose 9.98% or 1.620 points to trade at 17.860 at the close. Meanwhile, Sanjiang Shopping Club Co Ltd (SS:601116) added 9.97% or 1.410 points to end at 15.550 and Zhejiang Jiahua Energy Chemical Industry Co Ltd (SS:600273) was up 9.72% or 0.800 points to 9.030 in late trade.

The worst performers of the session were Zhonglu Co Ltd A (SS:600818), which fell 7.56% or 0.990 points to trade at 12.100 at the close. Zhangjiagang Freetrade Science and Technology Co Ltd (SS:600794) declined 6.98% or 0.210 points to end at 2.800 and Jiangsu Jingshen Salt & Chemical Industry Co Ltd (SS:603299) was down 6.95% or 0.470 points to 6.290.

The top performers on the SZSE Component were Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which rose 10.04% to 6.03, Guangdong Nanyang Cable Group Holding Co Ltd (SZ:002212) which was up 10.02% to settle at 11.75 and Shanghai Kingstar Winning Software (SZ:300253) which gained 10.00% to close at 14.08.

The worst performers were Fujian Guanfu Modern Household Wares Co Ltd (SZ:002102) which was down 10.12% to 2.93 in late trade, Hand Enterprise Solutions Co (SZ:300170) which lost 10.03% to settle at 9.96 and Chenzhou Jingui Silver Industry Co Ltd (SZ:002716) which was down 10.03% to 7.98 at the close.

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Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 817 to 557 and 70 ended unchanged.

Shares in Zhangjiagang Freetrade Science and Technology Co Ltd (SS:600794) fell to 5-year lows; falling 6.98% or 0.210 to 2.800. Shares in Jiangsu Jingshen Salt & Chemical Industry Co Ltd (SS:603299) fell to 52-week lows; falling 6.95% or 0.470 to 6.290. Shares in Fujian Guanfu Modern Household Wares Co Ltd (SZ:002102) fell to 5-year lows; down 10.12% or 0.33 to 2.93. Shares in Hand Enterprise Solutions Co (SZ:300170) fell to 52-week lows; falling 10.03% or 1.11 to 9.96. Shares in Shanghai Kingstar Winning Software (SZ:300253) rose to 52-week highs; up 10.00% or 1.28 to 14.08. Shares in Chenzhou Jingui Silver Industry Co Ltd (SZ:002716) fell to 52-week lows; falling 10.03% or 0.89 to 7.98.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 4.06% to 22.92.

Gold Futures for December delivery was up 0.27% or 3.20 to $1207.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.04% or 0.03 to hit $69.80 a barrel, while the November Brent oil contract rose 0.24% or 0.19 to trade at $77.83 a barrel.

USD/CNY was down 0.10% to 6.8245, while EUR/CNY fell 0.01% to 7.9280.

The US Dollar Index Futures was down 0.07% at 94.98.

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