Investing.com – China stocks were lower after the close on Thursday, as losses in the Software & Computer Services, Telecoms and Mobile sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 0.22%, while the SZSE Component index declined 0.70%.
The best performers of the session on the Shanghai Composite were Founder Technology Group Co Ltd (SS:600601), which rose 10.08% or 0.260 points to trade at 2.840 at the close. Meanwhile, Gangtai Holdin (SS:600687) added 10.07% or 0.600 points to end at 6.560 and Shanghai Sanmao Enterprise Group Co Ltd A (SS:600689) was up 10.05% or 1.050 points to 11.500 in late trade.
The worst performers of the session were Eastern Gold Jade Co Ltd (SS:600086), which fell 10.00% or 0.660 points to trade at 5.940 at the close. China Hainan Rubber Industry Group Co Ltd (SS:601118) declined 9.97% or 0.660 points to end at 5.960 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) was down 8.81% or 3.27 points to 33.86.
The top performers on the SZSE Component were Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which rose 10.13% to 1.74, Nanjing Huadong Electronics Information & Technology Co Ltd (SZ:000727) which was up 7.69% to settle at 1.54 and Qingdao TGOOD Electric Co Ltd (SZ:300001) which gained 6.94% to close at 14.80.
The worst performers were Wanda Cinema Line Corp (SZ:002739) which was down 10.00% to 22.67 in late trade, Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which lost 9.99% to settle at 7.84 and Beijing Shouhang Resources Saving Co Ltd (SZ:002665) which was down 9.93% to 3.81 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 833 to 566 and 73 ended unchanged.
Shares in Eastern Gold Jade Co Ltd (SS:600086) fell to 5-year lows; losing 10.00% or 0.660 to 5.940. Shares in Wanda Cinema Line Corp (SZ:002739) fell to all time lows; falling 10.00% or 2.52 to 22.67. Shares in Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) fell to 3-years lows; losing 9.99% or 0.87 to 7.84. Shares in Beijing Shouhang Resources Saving Co Ltd (SZ:002665) fell to 5-year lows; falling 9.93% or 0.42 to 3.81.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 27.37.
Gold Futures for December delivery was down 0.07% or 0.90 to $1225.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.23% or 0.14 to hit $61.81 a barrel, while the January Brent oil contract rose 0.24% or 0.17 to trade at $72.24 a barrel.
USD/CNY was up 0.09% to 6.9262, while EUR/CNY rose 0.08% to 7.9153.
The US Dollar Index Futures was up 0.23% at 96.03.