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China stocks lower at close of trade; Shanghai Composite down 0.08%

Published 05/09/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.08%
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Investing.com – China stocks were lower after the close on Wednesday, as losses in the Telecoms, Mobile and Real Estate Investments & Services sectors led shares lower.

At the close in Shanghai, the Shanghai Composite declined 0.08%, while the SZSE Component index fell 0.17%.

The best performers of the session on the Shanghai Composite were Zhejiang Whwh (SS:600576), which rose 10.08% or 0.63 points to trade at 6.88 at the close. Meanwhile, Jiangsu Jiangnan Water Co Ltd (SS:601199) added 10.06% or 0.480 points to end at 5.250 and Suzhou Xingye Materials Technology Co Ltd (SS:603928) was up 10.01% or 1.770 points to 19.450 in late trade.

The worst performers of the session were Aurora Optoelectronics Co Ltd (SS:600666), which fell 10.02% or 1.270 points to trade at 11.410 at the close. Shanghai Laimu Electronics Co Ltd (SS:603633) declined 5.89% or 1.220 points to end at 19.510 and Zhejiang ChiMin Pharmaceutical Co Ltd (SS:603222) was down 5.86% or 0.65 points to 10.45.

The top performers on the SZSE Component were LandOcean Energy Services Co (SZ:300157) which rose 10.06% to 7.22, Shenzhen Sunway Communication (SZ:300136) which was up 6.28% to settle at 35.38 and Cangzhou Mingzhu Plastic Co Ltd (SZ:002108) which gained 6.25% to close at 8.16.

The worst performers were Cefc Anhui International Holding Co Ltd (SZ:002018) which was down 5.04% to 3.20 in late trade, Shijiazhuang Changshan Textile Co Ltd (SZ:000158) which lost 4.26% to settle at 8.10 and Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was down 3.95% to 3.65 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 743 to 555 and 66 ended unchanged.

Shares in Aurora Optoelectronics Co Ltd (SS:600666) fell to 3-years lows; falling 10.02% or 1.270 to 11.410. Shares in Zhejiang ChiMin Pharmaceutical Co Ltd (SS:603222) fell to 52-week lows; losing 5.86% or 0.65 to 10.45. Shares in Cefc Anhui International Holding Co Ltd (SZ:002018) fell to 5-year lows; falling 5.04% or 0.17 to 3.20. Shares in Shaanxi J&R Fire Protection Co Ltd (SZ:300116) fell to 52-week lows; down 3.95% or 0.15 to 3.65.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.42.

Gold Futures for June delivery was down 0.61% or 8.00 to $1305.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.69% or 1.86 to hit $70.92 a barrel, while the July Brent oil contract rose 2.73% or 2.04 to trade at $76.89 a barrel.

USD/CNY was up 0.12% to 6.3784, while EUR/CNY fell 0.15% to 7.5466.

The US Dollar Index Futures was up 0.25% at 93.17.

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