Investing.com – China stocks were lower after the close on Thursday, as losses in the Banking, Life Insurance and Financials sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 0.87%, while the SZSE Component index fell 0.75%.
The best performers of the session on the Shanghai Composite were Datang Telecom Technology Co Ltd (SS:600198), which rose 10.05% or 0.760 points to trade at 8.320 at the close. Meanwhile, Sunny Loan Top Co Ltd (SS:600830) added 10.04% or 0.700 points to end at 7.670 and Xinjiang Youhao Group Co Ltd (SS:600778) was up 10.04% or 0.560 points to 6.140 in late trade.
The worst performers of the session were Great-Sun Foods Co Ltd (SS:603336), which fell 10.00% or 3.650 points to trade at 32.860 at the close. Zhengzhou Coal Industry & Electric Power Co Ltd (SS:600121) declined 8.43% or 0.500 points to end at 5.430 and Xinjiang Sayram Modern Agriculture Co Ltd (SS:600540) was down 6.85% or 0.350 points to 4.760.
The top performers on the SZSE Component were Shaanxi International Trust Co Ltd (SZ:000563) which rose 9.92% to 4.32, Shandong Humon Smelting Co Ltd (SZ:002237) which was up 9.80% to settle at 13.00 and Chongqing Zhifei Bio Products (SZ:300122) which gained 8.61% to close at 36.71.
The worst performers were Shenzhen Tatfook Tech (SZ:300134) which was down 4.84% to 12.97 in late trade, Nanjing Hanrui Cobalt Co Ltd (SZ:300618) which lost 4.64% to settle at 171.35 and Suzhou Anjie Technology Co Ltd (SZ:002635) which was down 4.39% to 19.38 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 948 to 393 and 34 ended unchanged.
Shares in Shandong Humon Smelting Co Ltd (SZ:002237) rose to 52-week highs; up 9.80% or 1.16 to 13.00. Shares in Chongqing Zhifei Bio Products (SZ:300122) rose to all time highs; gaining 8.61% or 2.91 to 36.71.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.46% to 25.79.
Gold Futures for June delivery was down 0.40% or 5.40 to $1354.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.01% or 0.01 to hit $66.81 a barrel, while the June Brent oil contract fell 0.24% or 0.17 to trade at $71.89 a barrel.
USD/CNY was up 0.21% to 6.2841, while EUR/CNY rose 0.18% to 7.7681.
The US Dollar Index Futures was up 0.09% at 89.30.