Investing.com – China stocks were lower after the close on Thursday, as losses in the Gas, Water & Multiutilities, Technology Hardware & Equipment and Technology sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 0.61% to hit a new 3-years low, while the SZSE Component index fell 1.02%.
The best performers of the session on the Shanghai Composite were Wintime Energy Co Ltd (SS:600157), which rose 10.24% or 0.130 points to trade at 1.400 at the close. Meanwhile, Zhe Jiang Dong Ri Ltd Co (SS:600113) added 10.04% or 0.670 points to end at 7.340 and Eastern Communications Co Ltd A (SS:600776) was up 10.02% or 0.950 points to 10.430 in late trade.
The worst performers of the session were Suzhou Keda Technology Co Ltd (SS:603660), which fell 10.00% or 1.870 points to trade at 16.830 at the close. Jiangsu Holly Corp (SS:600128) declined 9.98% or 0.900 points to end at 8.120 and Nanjing Textiles Import & Export Corp Ltd (SS:600250) was down 9.22% or 0.820 points to 8.070.
The top performers on the SZSE Component were Wuxi Lead Auto Equipment Co Ltd (SZ:300450) which rose 6.18% to 29.40, Zhejiang Wanfeng Auto Wheel Co Ltd (SZ:002085) which was up 6.09% to settle at 7.49 and Joyoung Co Ltd (SZ:002242) which gained 5.43% to close at 16.50.
The worst performers were Zhejiang Jiangshan Chemical Co Ltd (SZ:002061) which was down 10.00% to 10.35 in late trade, Qingdao TGOOD Electric Co Ltd (SZ:300001) which lost 6.89% to settle at 16.61 and Wanda Cinema Line Corp (SZ:002739) which was down 6.84% to 21.26 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1174 to 247 and 55 ended unchanged.
Shares in Eastern Communications Co Ltd A (SS:600776) rose to 52-week highs; up 10.02% or 0.950 to 10.430.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 28.57.
Gold Futures for February delivery was up 0.06% or 0.70 to $1270.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.97% or 0.92 to hit $45.69 a barrel, while the March Brent oil contract fell 2.08% or 1.15 to trade at $54.14 a barrel.
USD/CNY was down 0.09% to 6.8930, while EUR/CNY fell 0.29% to 7.8452.
The US Dollar Index Futures was down 0.17% at 96.417.