Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

China stocks lower at close of trade; Shanghai Composite down 0.46%

Published 08/31/2018, 03:35 AM
Updated 08/31/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.46%

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

At the close in Shanghai, the Shanghai Composite fell 0.46%, while the SZSE Component index lost 1.02%.

The best performers of the session on the Shanghai Composite were DELIXI XINJIANG Transportation Co Ltd (SS:603032), which rose 10.03% or 1.93 points to trade at 21.18 at the close. Meanwhile, Jiangquan Ind (SS:600212) added 9.88% or 0.340 points to end at 3.780 and GuangZhou Baiyun Electric Equipment Co Ltd (SS:603861) was up 8.67% or 0.910 points to 11.400 in late trade.

The worst performers of the session were Nanjing Kangni Mechanical & Electrical Co Ltd (SS:603111), which fell 10.04% or 0.51 points to trade at 4.57 at the close. Tonghua Dongbao Pharmaceutical Co Ltd (SS:600867) declined 9.97% or 1.920 points to end at 17.330 and Qijing Machinery Co Ltd (SS:603677) was down 9.96% or 1.42 points to 12.83.

The top performers on the SZSE Component were Qinghai Salt Lake Industry Co Ltd (SZ:000792) which rose 10.04% to 8.44, Beijing Baofeng Technology Co Ltd (SZ:300431) which was up 9.96% to settle at 12.03 and By health (SZ:300146) which gained 6.07% to close at 19.58.

The worst performers were Wuhu Shunrong Auto Parts Co Ltd (SZ:002555) which was down 9.98% to 10.19 in late trade, Chenzhou Jingui Silver Industry Co Ltd (SZ:002716) which lost 9.95% to settle at 8.87 and Fujian Guanfu Modern Household Wares Co Ltd (SZ:002102) which was down 9.94% to 3.26 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 1051 to 331 and 62 ended unchanged.

Shares in Nanjing Kangni Mechanical & Electrical Co Ltd (SS:603111) fell to 3-years lows; falling 10.04% or 0.51 to 4.57. Shares in Tonghua Dongbao Pharmaceutical Co Ltd (SS:600867) fell to 52-week lows; falling 9.97% or 1.920 to 17.330. Shares in Qijing Machinery Co Ltd (SS:603677) fell to 52-week lows; losing 9.96% or 1.42 to 12.83. Shares in Chenzhou Jingui Silver Industry Co Ltd (SZ:002716) fell to 52-week lows; down 9.95% or 0.98 to 8.87. Shares in Fujian Guanfu Modern Household Wares Co Ltd (SZ:002102) fell to 5-year lows; down 9.94% or 0.36 to 3.26.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 13.92% to 23.89.

Gold Futures for December delivery was up 0.70% or 8.40 to $1213.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.13% or 0.09 to hit $70.16 a barrel, while the November Brent oil contract fell 0.26% or 0.20 to trade at $77.82 a barrel.

USD/CNY was down 0.18% to 6.8327, while EUR/CNY fell 0.01% to 7.9851.

The US Dollar Index Futures was down 0.12% at 94.53.

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.