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China stocks lower at close of trade; Shanghai Composite down 0.20%

Published 06/07/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.20%
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Investing.com – China stocks were lower after the close on Thursday, as losses in the Electricity, Retailers and Utilities sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.20%, while the SZSE Component index lost 0.49%.

The best performers of the session on the Shanghai Composite were Anyang Iron & Steel Inc (SS:600569), which rose 10.09% or 0.340 points to trade at 3.710 at the close. Meanwhile, Ningbo Techmation Co Ltd (SS:603015) added 10.05% or 0.780 points to end at 8.540 and Riyue Heavy Industry Co Ltd (SS:603218) was up 10.01% or 1.920 points to 21.100 in late trade.

The worst performers of the session were Jien Nickel (SS:600432), which fell 10.06% or 0.360 points to trade at 3.220 at the close. Shenji Group Kunming Machine Tool Co Ltd (SS:600806) declined 9.91% or 0.340 points to end at 3.090 and Jason Furniture Hangzhou Co Ltd (SS:603816) was down 6.18% or 4.680 points to 71.000.

The top performers on the SZSE Component were Beijing Shunxin Agriculture Co Ltd (SZ:000860) which rose 9.43% to 37.25, Shandong Himile Mechanical Science & Technology Co Ltd (SZ:002595) which was up 7.83% to settle at 16.52 and Sansteel MinGuang Co Ltd Fujian (SZ:002110) which gained 5.66% to close at 16.05.

The worst performers were Juli Sling Co Ltd (SZ:002342) which was down 7.31% to 4.69 in late trade, Guangzhou Haige Communications Group Incorporated Co (SZ:002465) which lost 7.28% to settle at 8.91 and Beijing Sinnet Technology Co Ltd (SZ:300383) which was down 6.43% to 13.24 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 964 to 365 and 54 ended unchanged.

Shares in Jien Nickel (SS:600432) fell to 5-year lows; falling 10.06% or 0.360 to 3.220. Shares in Shenji Group Kunming Machine Tool Co Ltd (SS:600806) fell to 5-year lows; losing 9.91% or 0.340 to 3.090. Shares in Beijing Shunxin Agriculture Co Ltd (SZ:000860) rose to all time highs; up 9.43% or 3.21 to 37.25. Shares in Juli Sling Co Ltd (SZ:002342) fell to all time lows; losing 7.31% or 0.37 to 4.69.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 18.59 a new 3-months low.

Gold Futures for August delivery was up 0.08% or 1.10 to $1302.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.42% or 0.27 to hit $65.00 a barrel, while the August Brent oil contract rose 0.58% or 0.44 to trade at $75.80 a barrel.

USD/CNY was up 0.03% to 6.3900, while EUR/CNY rose 0.46% to 7.5553.

The US Dollar Index Futures was down 0.35% at 93.28.

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