Investing.com – China stocks were lower after the close on Friday, as losses in the Software & Computer Services, Telecoms and Mobile sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 1.47%, while the SZSE Component index fell 1.79%.
The best performers of the session on the Shanghai Composite were Shanghai Zhongyida Co Ltd A (SS:600610), which rose 10.09% or 0.43 points to trade at 4.69 at the close. Meanwhile, L&K Engineering Suzhou Co Ltd (SS:603929) added 10.00% or 2.41 points to end at 26.50 and Qingdao Topscomm Communication Inc (SS:603421) was up 10.00% or 2.330 points to 25.640 in late trade.
The worst performers of the session were Shanghai LongYun Advertising & Media Co Ltd (SS:603729), which fell 9.99% or 6.13 points to trade at 55.22 at the close. Hna Innovation Hainan Co Ltd A (SS:600555) declined 9.98% or 0.63 points to end at 5.68 and Qinghaihuading Industrial Co Ltd (SS:600243) was down 9.95% or 0.630 points to 5.700.
The top performers on the SZSE Component were Nationz Technologies Inc (SZ:300077) which rose 9.99% to 11.45, Swan Fiber Co Ltd (SZ:000687) which was up 9.98% to settle at 11.13 and Tongfang Guoxin Electronics Co Ltd (SZ:002049) which gained 6.93% to close at 58.15.
The worst performers were Hand Enterprise Solutions Co (SZ:300170) which was down 10.02% to 15.27 in late trade, ShenZhen YUTO Packaging Technology Co Ltd (SZ:002831) which lost 9.45% to settle at 45.78 and Lianhe Chemical Technology Co Ltd (SZ:002250) which was down 9.14% to 9.15 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1181 to 162 and 23 ended unchanged.
Shares in Qinghaihuading Industrial Co Ltd (SS:600243) fell to 3-years lows; falling 9.95% or 0.630 to 5.700. Shares in ShenZhen YUTO Packaging Technology Co Ltd (SZ:002831) fell to all time lows; down 9.45% or 4.78 to 45.78. Shares in Tongfang Guoxin Electronics Co Ltd (SZ:002049) rose to 52-week highs; rising 6.93% or 3.77 to 58.15. Shares in Lianhe Chemical Technology Co Ltd (SZ:002250) fell to 5-year lows; down 9.14% or 0.92 to 9.15.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.01 a new 1-month low.
Gold Futures for June delivery was down 0.34% or 4.60 to $1344.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.22% or 0.15 to hit $68.14 a barrel, while the June Brent oil contract fell 0.19% or 0.14 to trade at $73.64 a barrel.
USD/CNY was up 0.11% to 6.2861, while EUR/CNY rose 0.06% to 7.7548.
The US Dollar Index Futures was up 0.10% at 89.73.