Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

China stocks lower at close of trade; Shanghai Composite down 6.12%

Published 08/18/2015, 03:35 AM
Updated 08/18/2015, 03:35 AM
China stocks lower at close of trade; Shanghai Composite down 6.12%

Investing.com – China stocks were lower after the close on Tuesday, as losses in the Telecoms, Mobile and Travel & Leisure sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 6.12%, while the SZSE Component index declined 6.56%.

The best performers of the session on the Shanghai Composite were Sh Shenhua (SS:600653), which rose 10.05% or 0.760 points to trade at 8.320 at the close. Meanwhile, Black Peony (SS:600510) added 10.04% or 1.290 points to end at 14.140 and Guanhao (SS:600433) was up 10.03% or 0.930 points to 10.200 in late trade.

The worst performers of the session were Baotou Steel (SS:600010), which fell 10.06% or 0.510 points to trade at 4.560 at the close. Ganyue Express (SS:600269) declined 10.06% or 0.690 points to end at 6.170 and Xinyu Iron (SS:600782) was down 10.06% or 0.70 points to 6.26.

The top performers on the SZSE Component were China Baoan Group Co Ltd (SZ:000009) which rose 10.02% to 11.75, Chengdu Huaze Cobalt & Nickel Material Co Ltd (SZ:000693) which was up 10.01% to settle at 22.63 and Beijing Jetsen Tech Co (SZ:300182) which gained 9.99% to close at 45.68.

The worst performers were Chengdu Xingrong Investment Co Ltd (SZ:000598) which was down 10.05% to 7.61 in late trade, Zoomlion Heavy Industry Science and Technology Co Ltd (SZ:000157) which lost 10.05% to settle at 6.71 and Shenzhen Yan Tian Port Holdings Co Ltd (SZ:000088) which was down 10.04% to 9.68 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 937 to 27.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 1.67% to 30.37.

Gold for December delivery was down 0.07% or 0.80 to $1117.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.77% or 0.33 to hit $42.09 a barrel, while the October Brent oil contract fell 0.76% or 0.37 to trade at $48.37 a barrel.

USD/CNY was up 0.15% to 6.4040, while EUR/CNY rose 0.00% to 7.0857.

The US Dollar Index was up 0.11% at 96.94.

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.