Investing.com – China stocks were lower after the close on Thursday, as losses in the Gas, Water & Multiutilities, Travel & Leisure and Oil Equipment Services & Distribution sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 2.94% to hit a new 3-years low, while the SZSE Component index fell 2.41%.
The best performers of the session on the Shanghai Composite were Wuxi New Hongtai Electrical Technology Co Ltd (SS:603016), which rose 10.02% or 1.400 points to trade at 15.370 at the close. Meanwhile, Hangzhou XZB Tech Co Ltd (SS:603040) added 10.00% or 2.16 points to end at 23.76 and Guizhou Changzheng Tiancheng Holding Co Ltd (SS:600112) was up 9.90% or 0.300 points to 3.330 in late trade.
The worst performers of the session were Yangmei Chemical Co Ltd (SS:600691), which fell 10.14% or 0.280 points to trade at 2.480 at the close. HeBei Jinniu Chemical Industry Co Ltd (SS:600722) declined 10.07% or 0.590 points to end at 5.270 and Nanning Department Store Co Ltd (SS:600712) was down 10.05% or 0.400 points to 3.580.
The top performers on the SZSE Component were Hemp Industrial Investment Co Ltd (SZ:002036) which rose 9.96% to 8.94, Leyard Optoelectronic (SZ:300296) which was up 4.11% to settle at 7.60 and Beijing Sanju Environmental (SZ:300072) which gained 3.41% to close at 10.91.
The worst performers were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was down 10.19% to 1.41 in late trade, Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which lost 10.12% to settle at 1.51 and Xinjiang Machinery Research Inst (SZ:300159) which was down 10.06% to 5.72 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1343 to 105 and 19 ended unchanged.
Shares in Yangmei Chemical Co Ltd (SS:600691) fell to 5-year lows; losing 10.14% or 0.280 to 2.480. Shares in Nanning Department Store Co Ltd (SS:600712) fell to 3-years lows; down 10.05% or 0.400 to 3.580. Shares in Shaanxi J&R Fire Protection Co Ltd (SZ:300116) fell to 5-year lows; down 10.19% or 0.16 to 1.41. Shares in Chuying Agro-Pastoral Group Co Ltd (SZ:002477) fell to all time lows; losing 10.12% or 0.17 to 1.51. Shares in Xinjiang Machinery Research Inst (SZ:300159) fell to 5-year lows; down 10.06% or 0.64 to 5.72.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 27.79.
Gold Futures for December delivery was down 0.23% or 2.80 to $1224.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.20% or 0.14 to hit $69.61 a barrel, while the December Brent oil contract fell 0.39% or 0.31 to trade at $79.74 a barrel.
USD/CNY was up 0.13% to 6.9364, while EUR/CNY rose 0.20% to 7.9809.
The US Dollar Index Futures was up 0.02% at 95.37.