Investing.com – China stocks were lower after the close on Friday, as losses in the Oil Equipment Services & Distribution, Real Estate Investments & Services and Life Insurance sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 0.65%, while the SZSE Component index declined 0.37%.
The best performers of the session on the Shanghai Composite were Qian Jiang Water Resources Development Co Ltd (SS:600283), which rose 10.00% or 1.280 points to trade at 14.080 at the close. Meanwhile, CCS Supply Chain Management Co Ltd (SS:600180) added 10.00% or 1.010 points to end at 11.110 and Tellhow Sci-Tech Co Ltd (SS:600590) was up 9.99% or 1.100 points to 12.110 in late trade.
The worst performers of the session were Shanghai Feilo Acoustics Co Ltd (SS:600651), which fell 10.03% or 0.88 points to trade at 7.89 at the close. China Science Publishing & Media Ltd (SS:601858) declined 9.98% or 1.24 points to end at 11.19 and Great-Sun Foods Co Ltd (SS:603336) was down 9.62% or 3.160 points to 29.700.
The top performers on the SZSE Component were Xinjiang Beixin Road&Bridge Group Co Ltd (SZ:002307) which rose 10.02% to 11.20, United Electronics Co Ltd (SZ:002642) which was up 9.97% to settle at 14.01 and Beijing eGOVA (SZ:300075) which gained 5.91% to close at 17.92.
The worst performers were North Huajin Chemical Industries Co Ltd (SZ:000059) which was down 7.45% to 8.32 in late trade, Oceanwide Holdings Co Ltd (SZ:000046) which lost 5.93% to settle at 7.45 and Inner Mongolia Xingye Mining Co Ltd (SZ:000426) which was down 5.28% to 9.32 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 823 to 486 and 66 ended unchanged.
Shares in Qian Jiang Water Resources Development Co Ltd (SS:600283) rose to 52-week highs; up 10.00% or 1.280 to 14.080. Shares in North Huajin Chemical Industries Co Ltd (SZ:000059) fell to 52-week lows; falling 7.45% or 0.67 to 8.32.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 3.57% to 24.87.
Gold Futures for June delivery was up 0.02% or 0.30 to $1342.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.22% or 0.15 to hit $66.92 a barrel, while the June Brent oil contract fell 0.22% or 0.16 to trade at $71.86 a barrel.
USD/CNY was down 0.04% to 6.2906, while EUR/CNY rose 0.01% to 7.7575.
The US Dollar Index Futures was down 0.03% at 89.46.