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China stocks lower at close of trade; Shanghai Composite down 0.16%

Published 04/02/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.16%
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Investing.com – China stocks were lower after the close on Monday, as losses in the Telecoms, Mobile and Life Insurance sectors led shares lower.

At the close in Shanghai, the Shanghai Composite declined 0.16%, while the SZSE Component index declined 0.14%.

The best performers of the session on the Shanghai Composite were Wuhan Xianglong Power Industry Co Ltd (SS:600769), which rose 10.08% or 0.620 points to trade at 6.770 at the close. Meanwhile, Henan Ancai Hi-tech Co Ltd (SS:600207) added 10.05% or 0.930 points to end at 10.180 and Hubei Zhenhua Chemical Co Ltd (SS:603067) was up 10.02% or 1.450 points to 15.920 in late trade.

The worst performers of the session were Taiyuan Lionhead Cement Co Ltd (SS:600539), which fell 10.00% or 1.680 points to trade at 15.120 at the close. DELIXI XINJIANG Transportation Co Ltd (SS:603032) declined 9.99% or 4.88 points to end at 43.95 and Zhejiang Three Stars New Materials Co Ltd (SS:603578) was down 7.33% or 2.58 points to 32.60.

The top performers on the SZSE Component were Chinascholars Group Co Ltd (SZ:000547) which rose 10.05% to 11.72, Chengdu CORPRO Technology Co Ltd (SZ:300101) which was up 10.02% to settle at 19.11 and Zhejiang Longsheng Auto Parts Co Ltd (SZ:002625) which gained 10.02% to close at 27.78.

The worst performers were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was down 9.97% to 6.86 in late trade, Hunan China Sun Pharma Machinery (SZ:300216) which lost 8.52% to settle at 12.35 and GuangDong Huasheng Electrical Appliances Co Ltd (SZ:002670) which was down 8.28% to 15.62 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 671 to 640 and 57 ended unchanged.

Shares in Taiyuan Lionhead Cement Co Ltd (SS:600539) fell to 52-week lows; down 10.00% or 1.680 to 15.120. Shares in Henan Ancai Hi-tech Co Ltd (SS:600207) rose to 52-week highs; up 10.05% or 0.930 to 10.180. Shares in Shaanxi J&R Fire Protection Co Ltd (SZ:300116) fell to 52-week lows; losing 9.97% or 0.76 to 6.86. Shares in Chengdu CORPRO Technology Co Ltd (SZ:300101) rose to 52-week highs; up 10.02% or 1.74 to 19.11.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 26.85.

Gold Futures for June delivery was up 0.60% or 7.90 to $1335.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.26% or 0.17 to hit $65.11 a barrel, while the June Brent oil contract rose 0.40% or 0.28 to trade at $69.62 a barrel.

USD/CNY was down 0.18% to 6.2798, while EUR/CNY rose 0.22% to 7.7690.

The US Dollar Index Futures was down 0.16% at 89.61.

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