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China stocks lower at close of trade; Shanghai Composite down 1.13%

Published 2015-07-31, 03:35 a/m
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 1.13%
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Investing.com – China stocks were lower after the close on Friday, as losses in the Technology Hardware & Equipment, Travel & Leisure and Technology sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 1.13%, while the SZSE Component index fell 0.17%.

The best performers of the session on the Shanghai Composite were Tielong Log (SS:600125), which rose 10.04% or 1.110 points to trade at 12.170 at the close. Meanwhile, Tibet Urban In (SS:600773) added 10.03% or 1.560 points to end at 17.110 and Zhixin Elect (SS:600517) was up 10.03% or 1.080 points to 11.850 in late trade.

The worst performers of the session were Xinji Energy (SS:601918), which fell 10.03% or 1.460 points to trade at 13.100 at the close. Yidong (SS:600148) declined 10.01% or 3.230 points to end at 29.040 and Electro-Optic (SS:600184) was down 10.01% or 3.600 points to 32.380.

The top performers on the SZSE Component were Shandong Mining Machinery Group Co Ltd (SZ:002526) which rose 10.05% to 11.50, Wuhu Token Sciences (SZ:300088) which was up 10.02% to settle at 22.29 and Jiangsu Sihuan Bioengineering Co Ltd (SZ:000518) which gained 10.02% to close at 6.92.

The worst performers were Leo Group Co Ltd (SZ:002131) which was down 10.00% to 48.43 in late trade, Zhuhai Orbita Control Eng (SZ:300053) which lost 10.00% to settle at 42.73 and China Aviation Optical-Electrical Technology Co Ltd (SZ:002179) which was down 10.00% to 47.79 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 677 to 297.

Shares in Jiangsu Sihuan Bioengineering Co Ltd (SZ:000518) rose to 52-week highs; gaining 10.02% or 0.63 to 6.92.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.32% to 30.25.

Gold for December delivery was down 0.70% or 7.60 to $1081.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.39% or 0.68 to hit $47.84 a barrel, while the September Brent oil contract fell 1.01% or 0.54 to trade at $52.77 a barrel.

USD/CNY was up 0.00% to 6.2098, while EUR/CNY fell 0.02% to 6.7865.

The US Dollar Index was up 0.08% at 97.69.

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