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China shares lower at close of trade; Shanghai Composite down 0.61%

Published 2018-07-16, 03:35 a/m
© Reuters.  China shares lower at close of trade; Shanghai Composite down 0.61%
FTXIN4301010
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FTXIN430
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FTXIN4351010
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SSEC
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VXFXI
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600165
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600552
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601011
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SZI
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600203
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600682
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000034
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000063
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300355
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300090
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603696
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300310
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300676
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Investing.com – China equities were lower at the close on Monday, as losses in the Banking, Real Estate Investments & Services and Financials sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.61%, while the SZSE Component index fell 0.10%.

The biggest gainers of the session on the Shanghai Composite were Baotailong New Materials Co Ltd (SS:601011), which rose 10.07% or 0.550 points to trade at 6.010 at the close. Fangxing Sci (SS:600552) added 10.07% or 0.460 points to end at 5.030 and Nanjing Xinjiekou Department Store Co Ltd (SS:600682) was up 10.04% or 1.38 points to 15.13 in late trade.

Biggest losers included Anji Foodstuff Co Ltd (SS:603696), which lost 10.02% or 2.060 points to trade at 18.500 in late trade. Fujian Furi Electronics Co Ltd (SS:600203) declined 10.01% or 0.71 points to end at 6.38 and Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165) shed 10.00% or 0.790 points to 7.110.

The top performers on the SZSE Component were Anhui Shengyun Environment-Protection Group Co Ltd (SZ:300090) which rose 10.05% to 4.05, Shenzhen Shenxin Taifeng Group Co Ltd (SZ:000034) which was up 10.03% to settle at 15.69 and ZTE Corp (SZ:000063) which gained 10.00% to close at 15.51.

The worst performers were Inner Mongolia Hotision Monsod (SZ:300355) which was down 10.03% to 5.29 in late trade, Guangdong Eastone Century Technology Co Ltd (SZ:300310) which lost 10.00% to settle at 5.13 and BGI Genomics Co Ltd (SZ:300676) which was down 10.00% to 92.30 at the close.

Declining stocks outnumbered rising ones by 753 to 599 and 67 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 21.80.

In commodities trading, Gold Futures for August delivery was up 0.11% or 1.40 to $1242.60 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.80% or 0.56 to hit $69.39 a barrel, while the September Brent oil contract fell 0.37% or 0.28 to trade at $75.05 a barrel.

USD/CNY was down 0.01% to 6.6898, while EUR/CNY rose 0.05% to 7.8231.

The US Dollar Index Futures was unchanged 0.00% at 94.44.

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