Investing.com – China stocks were lower after the close on Thursday, as losses in the Software & Computer Services, Technology and Banking sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 3.66%, while the SZSE Component index lost 3.85%.
The best performers of the session on the Shanghai Composite were China Haisheng (SS:600896), which rose 10.04% or 1.350 points to trade at 14.800 at the close. Meanwhile, Xinchao Indust (SS:600777) added 10.03% or 1.750 points to end at 19.200 and Tianyao (SS:600488) was up 10.02% or 1.210 points to 13.290 in late trade.
The worst performers of the session were Sanxing Electr (SS:601567), which fell 10.02% or 2.140 points to trade at 19.220 at the close. Gem Year Ind (SS:601002) declined 10.01% or 2.280 points to end at 20.500 and Kingdom SS (SS:600446) was down 10.00% or 19.130 points to 172.130.
The top performers on the SZSE Component were Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) which rose 3.89% to 13.37, Financial Street Holdings Co Ltd (SZ:000402) which was up 0.75% to settle at 14.85 and Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) which gained 0.46% to close at 6.61.
The worst performers were Huayi Brothers Media Corp (SZ:300027) which was down 10.01% to 50.81 in late trade, Leshi Internet Info Tech (SZ:300104) which lost 9.99% to settle at 61.16 and Suning Commerce Group Co Ltd (SZ:002024) which was down 7.02% to 19.34 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 821 to 136.
Shares in China Haisheng (SS:600896) rose to 3-years highs; up 10.04% or 1.350 to 14.800. Shares in Xinchao Indust (SS:600777) rose to all time highs; rising 10.03% or 1.750 to 19.200. Shares in Tianyao (SS:600488) rose to all time highs; gaining 10.02% or 1.210 to 13.290. Shares in Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) rose to all time highs; rising 3.89% or 0.50 to 13.37. Shares in Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) rose to 52-week highs; gaining 0.46% or 0.03 to 6.61.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.69% to 31.13.
Gold for August delivery was up 1.05% or 12.40 to $1189.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.45% or 0.27 to hit $60.06 a barrel, while the August Brent oil contract rose 0.08% or 0.05 to trade at $63.92 a barrel.
USD/CNY was down 0.01% to 6.2087, while EUR/CNY rose 0.20% to 7.0540.
The US Dollar Index was down 0.29% at 94.20.