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China shares lower at close of trade; Shanghai Composite down 0.97%

Published 2018-06-28, 03:35 a/m
© Reuters.  China shares lower at close of trade; Shanghai Composite down 0.97%
FTXIN4651020
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FTXIN4351010
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FTXIN4101010
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SSEC
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VXFXI
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600250
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600448
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600478
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600734
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600358
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SZI
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002002
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002745
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300115
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300134
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300144
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000591
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603828
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Investing.com – China equities were lower at the close on Thursday, as losses in the Real Estate Investments & Services, Gas, Water & Multiutilities and Software & Computer Services sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.97% to hit a new 52-week low, while the SZSE Component index lost 1.06%.

The biggest gainers of the session on the Shanghai Composite were Huafang Co Ltd (SS:600448), which rose 10.05% or 0.430 points to trade at 4.710 at the close. Nanjing Textiles Import & Export Corp Ltd (SS:600250) added 10.05% or 0.630 points to end at 6.900 and Hunan Corun New Energy Co Ltd (SS:600478) was up 9.91% or 0.440 points to 4.880 in late trade.

Biggest losers included Suzhou Kelida Building & Decoration Co Ltd (SS:603828), which lost 23.30% or 2.020 points to trade at 6.650 in late trade. Start Group (SS:600734) declined 10.05% or 0.850 points to end at 7.610 and China United Travel Co Ltd (SS:600358) shed 10.02% or 0.61 points to 5.48.

The top performers on the SZSE Component were Shenzhen Everwin Precision Tech (SZ:300115) which rose 10.01% to 12.64, MLS Co Ltd (SZ:002745) which was up 5.34% to settle at 17.150 and Songcheng Performance Develop (SZ:300144) which gained 4.95% to close at 22.88.

The worst performers were Hongda Xingye Co Ltd (SZ:002002) which was down 9.90% to 4.55 in late trade, Chongqing Tong Jun Ge Co Ltd (SZ:000591) which lost 9.90% to settle at 3.73 and Shenzhen Tatfook Tech (SZ:300134) which was down 9.87% to 8.13 at the close.

Declining stocks outnumbered rising ones by 1035 to 312 and 52 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 26.13 a new 1-month high.

In commodities trading, Gold Futures for August delivery was down 0.40% or 5.00 to $1251.10 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.33% or 0.24 to hit $72.52 a barrel, while the September Brent oil contract fell 0.21% or 0.16 to trade at $77.30 a barrel.

USD/CNY was up 0.24% to 6.6197, while EUR/CNY rose 0.19% to 7.6471.

The US Dollar Index Futures was up 0.08% at 95.10.

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