Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

China stocks lower at close of trade; Shanghai Composite down 1.11%

Published 09/17/2018, 03:35 AM
Updated 09/17/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 1.11%

Investing.com – China stocks were lower after the close on Monday, as losses in the Telecoms, Mobile and Technology Hardware & Equipment sectors led shares lower.

At the close in Shanghai, the Shanghai Composite declined 1.11% to hit a new 3-years low, while the SZSE Component index fell 1.41%.

The best performers of the session on the Shanghai Composite were Dalian Thermal Power Co Ltd (SS:600719), which rose 10.12% or 0.430 points to trade at 4.680 at the close. Meanwhile, Zhejiang Shengyang Science & Technology Co Ltd (SS:603703) added 10.05% or 0.830 points to end at 9.090 and Changchun Gas Co Ltd (SS:600333) was up 10.02% or 0.640 points to 7.030 in late trade.

The worst performers of the session were Nantong Acetic Acid Chemical Co Ltd (SS:603968), which fell 10.01% or 1.660 points to trade at 14.930 at the close. Yaxing Chem (SS:600319) declined 9.98% or 0.480 points to end at 4.330 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) was down 9.98% or 3.04 points to 27.41.

The top performers on the SZSE Component were Shenzhen Das Intellitech Co Ltd (SZ:002421) which rose 4.75% to 3.750, Hangzhou Shunwang Tech (SZ:300113) which was up 4.59% to settle at 15.95 and Shandong Qixing Iron Tower Co Ltd (SZ:002359) which gained 4.08% to close at 8.17.

The worst performers were Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which was down 10.15% to 2.39 in late trade, Shanxi Taigang Stainless Steel Co Ltd (SZ:000825) which lost 10.07% to settle at 5.180 and Meisheng Cultural & Creative Corp Ltd (SZ:002699) which was down 10.03% to 11.03 at the close.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1192 to 212 and 46 ended unchanged.

Shares in Nantong Acetic Acid Chemical Co Ltd (SS:603968) fell to 3-years lows; falling 10.01% or 1.660 to 14.930. Shares in Yaxing Chem (SS:600319) fell to 3-years lows; down 9.98% or 0.480 to 4.330. Shares in Chuying Agro-Pastoral Group Co Ltd (SZ:002477) fell to all time lows; down 10.15% or 0.27 to 2.39. Shares in Meisheng Cultural & Creative Corp Ltd (SZ:002699) fell to 3-years lows; down 10.03% or 1.23 to 11.03.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 23.02.

Gold Futures for December delivery was down 0.07% or 0.80 to $1200.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.41% or 0.28 to hit $69.05 a barrel, while the November Brent oil contract rose 0.32% or 0.25 to trade at $78.34 a barrel.

USD/CNY was down 0.01% to 6.8694, while EUR/CNY rose 0.09% to 7.9910.

The US Dollar Index Futures was down 0.05% at 94.46.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.