Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

China stocks lower at close of trade; Shanghai Composite down 0.36%

Published 05/11/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.36%

Investing.com – China stocks were lower after the close on Friday, as losses in the Telecoms, Mobile and Software & Computer Services sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.36%, while the SZSE Component index lost 0.89%.

The best performers of the session on the Shanghai Composite were Jiangsu Sunrain Solar Energy Co Ltd (SS:603366), which rose 10.09% or 0.540 points to trade at 5.890 at the close. Meanwhile, Eagle Mining (SS:600711) added 10.04% or 0.940 points to end at 10.300 and Shanghai Wondertek Software Co Ltd (SS:603189) was up 10.01% or 1.990 points to 21.870 in late trade.

The worst performers of the session were Aurora Optoelectronics Co Ltd (SS:600666), which fell 10.03% or 1.030 points to trade at 9.240 at the close. Yunnan Bowin Technology Industry Co Ltd (SS:600883) declined 7.34% or 0.670 points to end at 8.460 and Tasly Pharmaceutical Group Co Ltd (SS:600535) was down 6.90% or 3.180 points to 42.900.

The top performers on the SZSE Component were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which rose 10.11% to 4.03, Sichuan Chengfei Integration Technology Corp Ltd (SZ:002190) which was up 10.02% to settle at 23.94 and Zhonghong Holding Co Ltd (SZ:000979) which gained 9.70% to close at 1.47.

The worst performers were Chengdu Tianxing Instrument and Meter Co Ltd (SZ:000710) which was down 10.00% to 60.95 in late trade, Hangzhou Tigermed Consulting (SZ:300347) which lost 8.27% to settle at 52.55 and Betta Pharmaceuticals Co Ltd (SZ:300558) which was down 7.66% to 65.19 at the close.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1013 to 309 and 54 ended unchanged.

Shares in Aurora Optoelectronics Co Ltd (SS:600666) fell to 3-years lows; down 10.03% or 1.030 to 9.240.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.17 a new 3-months low.

Gold Futures for June delivery was down 0.11% or 1.40 to $1320.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.11% or 0.08 to hit $71.28 a barrel, while the July Brent oil contract fell 0.25% or 0.19 to trade at $77.28 a barrel.

USD/CNY was down 0.04% to 6.3465, while EUR/CNY fell 0.15% to 7.5540.

The US Dollar Index Futures was up 0.05% at 92.62.

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.