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China stocks lower at close of trade; Shanghai Composite down 0.12%

Published 07/30/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.12%
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Investing.com – China stocks were lower after the close on Monday, as losses in the Media, Retailers and Technology Hardware & Equipment sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.12%, while the SZSE Component index lost 1.23%.

The best performers of the session on the Shanghai Composite were Jinxi Axle Co Ltd (SS:600495), which rose 10.10% or 0.420 points to trade at 4.580 at the close. Meanwhile, Sichuan Western Resources Holding Co Ltd (SS:600139) added 10.09% or 0.470 points to end at 5.130 and Ningbo Thermal Power Co Ltd (SS:600982) was up 10.06% or 0.330 points to 3.610 in late trade.

The worst performers of the session were Nanjing Xinjiekou Department Store Co Ltd (SS:600682), which fell 9.98% or 1.50 points to trade at 13.53 at the close. Shandong Lukang Pharmaceutical Co Ltd (SS:600789) declined 9.93% or 1.370 points to end at 12.430 and Chongqing Road & Bridge Co Ltd (SS:600106) was down 9.92% or 0.390 points to 3.540.

The top performers on the SZSE Component were Oceanwide Holdings Co Ltd (SZ:000046) which rose 5.01% to 6.29, Zhejiang Supor Co Ltd (SZ:002032) which was up 4.49% to settle at 54.44 and Sichuan Haite High-tech Co Ltd (SZ:002023) which gained 4.47% to close at 13.78.

The worst performers were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was down 10.04% to 2.42 in late trade, Jiuzhitang Co Ltd (SZ:000989) which lost 10.02% to settle at 15.45 and Chongqing Zhifei Bio Products (SZ:300122) which was down 10.00% to 37.18 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1013 to 385 and 25 ended unchanged.

Shares in Jiuzhitang Co Ltd (SZ:000989) fell to 3-years lows; down 10.02% or 1.72 to 15.45.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 0.90% to 21.95.

Gold Futures for August delivery was down 0.32% or 3.90 to $1219.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.45% or 0.31 to hit $69.00 a barrel, while the October Brent oil contract rose 0.20% or 0.15 to trade at $74.91 a barrel.

USD/CNY was up 0.20% to 6.8270, while EUR/CNY rose 0.16% to 7.9558.

The US Dollar Index Futures was down 0.01% at 94.46.

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