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China stocks lower at close of trade; Shanghai Composite down 0.47%

Published 09/06/2018, 03:35 AM
Updated 09/06/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.47%

Investing.com – China stocks were lower after the close on Thursday, as losses in the Real Estate Investments & Services, Life Insurance and Travel & Leisure sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.47%, while the SZSE Component index declined 0.93%.

The best performers of the session on the Shanghai Composite were Besttone Holding Co Ltd (SS:600640), which rose 10.04% or 1.030 points to trade at 11.290 at the close. Meanwhile, DELIXI XINJIANG Transportation Co Ltd (SS:603032) added 10.02% or 2.53 points to end at 27.78 and BOMESC Offshore Engineering Co Ltd (SS:603727) was up 10.02% or 1.350 points to 14.820 in late trade.

The worst performers of the session were Nanjing Central Emporium Group Stocks Co Ltd (SS:600280), which fell 10.00% or 0.680 points to trade at 6.120 at the close. Nantong Jiangshan Agrochemical & Chemicals Co Ltd (SS:600389) declined 7.62% or 1.740 points to end at 21.090 and Jiangsu Hengli Hydraulic Co Ltd (SS:601100) was down 7.06% or 1.620 points to 21.310.

The top performers on the SZSE Component were Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) which rose 10.06% to 8.75, Yinji Entertainment Media Co Ltd (SZ:002143) which was up 9.92% to settle at 3.88 and Sieyuan Electric Co Ltd (SZ:002028) which gained 8.08% to close at 17.26.

The worst performers were Shandong Qixing Iron Tower Co Ltd (SZ:002359) which was down 9.98% to 13.35 in late trade, Leyard Optoelectronic (SZ:300296) which lost 6.47% to settle at 8.09 and Chaozhou Three-circle Group Co Ltd (SZ:300408) which was down 5.86% to 21.86 at the close.

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Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 939 to 402 and 104 ended unchanged.

Shares in Nanjing Central Emporium Group Stocks Co Ltd (SS:600280) fell to 52-week lows; falling 10.00% or 0.680 to 6.120. Shares in Shandong Qixing Iron Tower Co Ltd (SZ:002359) fell to 52-week lows; losing 9.98% or 1.48 to 13.35. Shares in Leyard Optoelectronic (SZ:300296) fell to 52-week lows; down 6.47% or 0.56 to 8.09.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 24.58.

Gold Futures for December delivery was up 0.17% or 2.10 to $1203.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.28% or 0.19 to hit $68.53 a barrel, while the November Brent oil contract fell 0.23% or 0.18 to trade at $77.09 a barrel.

USD/CNY was up 0.11% to 6.8386, while EUR/CNY rose 0.13% to 7.9557.

The US Dollar Index Futures was unchanged 0.00% at 95.07.

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