Investing.com – China equities were lower at the close on Thursday, as losses in the Life Insurance, Real Estate Investments & Services and Technology Hardware & Equipment sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite fell 1.35%, while the SZSE Component index lost 2.42%.
The biggest gainers of the session on the Shanghai Composite were Founder Technology Group Co Ltd (SS:600601), which rose 10.03% or 0.340 points to trade at 3.730 at the close. Hunan Copote Science Technology Co Ltd (SS:600476) added 10.03% or 1.570 points to end at 17.220 and Shanghai Wondertek Software Co Ltd (SS:603189) was up 10.02% or 1.610 points to 17.670 in late trade.
Biggest losers included Henan Huanghe Whirlwind Co Ltd (SS:600172), which lost 10.05% or 0.740 points to trade at 6.620 in late trade. Pengqi Technology Development Co Ltd A (SS:600614) declined 10.04% or 1.020 points to end at 9.140 and Shengyi Technology Co Ltd (SS:600183) shed 10.01% or 1.460 points to 13.120.
The top performers on the SZSE Component were Hunan China Sun Pharma Machinery (SZ:300216) which rose 10.05% to 9.20, Sichuan Haite High-tech Co Ltd (SZ:002023) which was up 9.97% to settle at 12.80 and Advanced Technology & Materials Co Ltd (SZ:000969) which gained 9.96% to close at 8.39.
The worst performers were Ningbo Huaxiang Electronic Co Ltd (SZ:002048) which was down 10.01% to 14.57 in late trade, Goldenmax International Technology Ltd (SZ:002636) which lost 9.99% to settle at 12.16 and Cefc Anhui International Holding Co Ltd (SZ:002018) which was down 9.90% to 4.37 at the close.
Declining stocks outnumbered rising ones by 1179 to 149 and 42 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 3.33% to 24.17.
In commodities trading, Gold Futures for June delivery was up 0.27% or 3.60 to $1326.40 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.18% or 0.12 to hit $68.17 a barrel, while the June Brent oil contract rose 0.27% or 0.20 to trade at $74.20 a barrel.
USD/CNY was down 0.06% to 6.3232, while EUR/CNY rose 0.00% to 7.6943.
The US Dollar Index Futures was down 0.03% at 91.00.