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China stocks lower at close of trade; Shanghai Composite down 1.04%

Published 06/25/2018, 03:35 AM
Updated 06/25/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 1.04%

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

At the close in Shanghai, the Shanghai Composite declined 1.04% to hit a new 52-week low, while the SZSE Component index declined 0.91%.

The best performers of the session on the Shanghai Composite were BanBao Co Ltd (SS:603398), which rose 10.02% or 1.540 points to trade at 16.910 at the close. Meanwhile, Zhejiang Jiaao Enprotech Stock Co Ltd (SS:603822) added 10.00% or 2.590 points to end at 28.500 and Shanghai Sanmao Enterprise Group Co Ltd A (SS:600689) was up 9.97% or 0.910 points to 10.040 in late trade.

The worst performers of the session were Ningbo Bird Co Ltd (SS:600130), which fell 10.12% or 0.330 points to trade at 2.930 at the close. Guangzhou Yuetai Group Co Ltd (SS:600393) declined 10.08% or 0.390 points to end at 3.480 and Air China Ltd Class A (SS:601111) was down 10.03% or 1.090 points to 9.780.

The top performers on the SZSE Component were Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) which rose 7.99% to 11.90, Anhui Gujing Distillery Co Ltd (SZ:000596) which was up 7.03% to settle at 94.11 and Shaanxi International Trust Co Ltd (SZ:000563) which gained 6.13% to close at 3.46.

The worst performers were Guangdong Eastone Century Technology Co Ltd (SZ:300310) which was down 10.03% to 5.38 in late trade, Westone Information Industry Inc (SZ:002268) which lost 10.02% to settle at 18.95 and ZTE Corp (SZ:000063) which was down 10.01% to 13.48 at the close.

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Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 819 to 509 and 66 ended unchanged.

Shares in Ningbo Bird Co Ltd (SS:600130) fell to 3-years lows; falling 10.12% or 0.330 to 2.930. Shares in Guangzhou Yuetai Group Co Ltd (SS:600393) fell to 5-year lows; losing 10.08% or 0.390 to 3.480. Shares in Guangdong Eastone Century Technology Co Ltd (SZ:300310) fell to 3-years lows; down 10.03% or 0.60 to 5.38. Shares in Anhui Gujing Distillery Co Ltd (SZ:000596) rose to all time highs; gaining 7.03% or 6.18 to 94.11. Shares in ZTE Corp (SZ:000063) fell to 52-week lows; falling 10.01% or 1.50 to 13.48.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 20.99.

Gold Futures for August delivery was down 0.20% or 2.50 to $1268.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.07% or 0.05 to hit $68.53 a barrel, while the September Brent oil contract fell 1.31% or 0.99 to trade at $74.33 a barrel.

USD/CNY was up 0.44% to 6.5346, while EUR/CNY rose 0.24% to 7.6041.

The US Dollar Index Futures was up 0.12% at 94.30.

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