Investing.com – China equities were lower at the close on Monday, as losses in the Telecoms, Mobile and Life Insurance sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite fell 0.16%, while the SZSE Component index fell 0.14%.
The biggest gainers of the session on the Shanghai Composite were Wuhan Xianglong Power Industry Co Ltd (SS:600769), which rose 10.08% or 0.620 points to trade at 6.770 at the close. Henan Ancai Hi-tech Co Ltd (SS:600207) added 10.05% or 0.930 points to end at 10.180 and Hubei Zhenhua Chemical Co Ltd (SS:603067) was up 10.02% or 1.450 points to 15.920 in late trade.
Biggest losers included Taiyuan Lionhead Cement Co Ltd (SS:600539), which lost 10.00% or 1.680 points to trade at 15.120 in late trade. DELIXI XINJIANG Transportation Co Ltd (SS:603032) declined 9.99% or 4.88 points to end at 43.95 and Zhejiang Three Stars New Materials Co Ltd (SS:603578) shed 7.33% or 2.58 points to 32.60.
The top performers on the SZSE Component were Chinascholars Group Co Ltd (SZ:000547) which rose 10.05% to 11.72, Chengdu CORPRO Technology Co Ltd (SZ:300101) which was up 10.02% to settle at 19.11 and Zhejiang Longsheng Auto Parts Co Ltd (SZ:002625) which gained 10.02% to close at 27.78.
The worst performers were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was down 9.97% to 6.86 in late trade, Hunan China Sun Pharma Machinery (SZ:300216) which lost 8.52% to settle at 12.35 and GuangDong Huasheng Electrical Appliances Co Ltd (SZ:002670) which was down 8.28% to 15.62 at the close.
Declining stocks outnumbered rising ones by 671 to 640 and 57 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 26.85.
In commodities trading, Gold Futures for June delivery was up 0.60% or 8.00 to $1335.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.26% or 0.17 to hit $65.11 a barrel, while the June Brent oil contract rose 0.40% or 0.28 to trade at $69.62 a barrel.
USD/CNY was down 0.18% to 6.2798, while EUR/CNY rose 0.22% to 7.7690.
The US Dollar Index Futures was down 0.16% at 89.61.