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China stocks lower at close of trade; Shanghai Composite down 1.11%

Published 2015-08-03, 03:35 a/m
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 1.11%
EUR/CNY
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USD/CNY
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FTXIN4101010
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FTXIN4101020
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FTXIN410
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SSEC
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VXFXI
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600130
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600399
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600425
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600798
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600801
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601225
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SZI
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000729
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002378
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000552
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002390
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000561
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002064
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Investing.com – China stocks were lower after the close on Monday, as losses in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares lower.

At the close in Shanghai, the Shanghai Composite declined 1.11%, while the SZSE Component index declined 1.72%.

The best performers of the session on the Shanghai Composite were Qingsong (SS:600425), which rose 10.08% or 0.620 points to trade at 6.770 at the close. Meanwhile, Huaxin Cement (SS:600801) added 10.03% or 0.900 points to end at 9.870 and Shaanxi Coal (SS:601225) was up 10.02% or 0.610 points to 6.700 in late trade.

The worst performers of the session were Ningbo Marine (SS:600798), which fell 10.05% or 0.840 points to trade at 7.520 at the close. Ningbo Bird (SS:600130) declined 10.04% or 0.810 points to end at 7.260 and Fushun Steel (SS:600399) was down 10.04% or 1.110 points to 9.950.

The top performers on the SZSE Component were Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (SZ:000552) which rose 10.04% to 10.41, Zhejiang Huafon Spandex Co Ltd (SZ:002064) which was up 10.04% to settle at 8.11 and Beijing Yanjing Brewery Co Ltd (SZ:000729) which gained 10.02% to close at 9.77.

The worst performers were Shaanxi Fenghuo Electronics Co Ltd (SZ:000561) which was down 10.03% to 11.84 in late trade, Guizhou Xinbang Pharmaceutical Co Ltd (SZ:002390) which lost 10.03% to settle at 13.28 and Chongyi Zhangyuan Tungsten Co Ltd (SZ:002378) which was down 10.02% to 13.47 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 695 to 276.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.33% to 30.35.

Gold for December delivery was down 0.05% or 0.60 to $1094.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.07% or 0.51 to hit $46.62 a barrel, while the September Brent oil contract fell 1.28% or 0.67 to trade at $51.54 a barrel.

USD/CNY was unchanged 0.00% to 6.2098, while EUR/CNY rose 0.02% to 6.8215.

The US Dollar Index was up 0.05% at 97.37.

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