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China stocks lower at close of trade; Shanghai Composite down 0.23%

Published 11/06/2018, 02:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.23%
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Investing.com – China stocks were lower after the close on Tuesday, as losses in the Travel & Leisure, Software & Computer Services and Telecoms sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.23%, while the SZSE Component index declined 0.61%.

The best performers of the session on the Shanghai Composite were Jiangsu Sunrain Solar Energy Co Ltd (SS:603366), which rose 10.14% or 0.360 points to trade at 3.910 at the close. Meanwhile, Shanghai DaZhong Public Utilities Group Co Ltd (SS:600635) added 10.13% or 0.380 points to end at 4.130 and Shenzhen Geoway Co Ltd (SS:600462) was up 10.13% or 0.310 points to 3.370 in late trade.

The worst performers of the session were Jiangsu Hongtu High Technology Co Ltd (SS:600122), which fell 10.02% or 0.600 points to trade at 5.390 at the close. ADD Industry Zhejiang Co Ltd (SS:603089) declined 10.01% or 2.20 points to end at 19.78 and Eastern Gold Jade Co Ltd (SS:600086) was down 9.95% or 0.810 points to 7.330.

The top performers on the SZSE Component were Huawen Media Investment Corp (SZ:000793) which rose 10.07% to 3.28, Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which was up 10.06% to settle at 5.25 and Sungrow Power Supply Co Ltd (SZ:300274) which gained 10.03% to close at 7.57.

The worst performers were Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which was down 10.04% to 9.68 in late trade, Wanda Cinema Line Corp (SZ:002739) which lost 10.00% to settle at 27.99 and Jiangsu Kangde Xin Composite Material Co Ltd (SZ:002450) which was down 9.99% to 15.31 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 866 to 539 and 65 ended unchanged.

Shares in Jiangsu Hongtu High Technology Co Ltd (SS:600122) fell to 3-years lows; losing 10.02% or 0.600 to 5.390. Shares in Eastern Gold Jade Co Ltd (SS:600086) fell to 3-years lows; losing 9.95% or 0.810 to 7.330. Shares in Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) fell to 3-years lows; falling 10.04% or 1.08 to 9.68. Shares in Wanda Cinema Line Corp (SZ:002739) fell to all time lows; falling 10.00% or 3.11 to 27.99. Shares in Jiangsu Kangde Xin Composite Material Co Ltd (SZ:002450) fell to 52-week lows; losing 9.99% or 1.70 to 15.31.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 30.26.

Gold Futures for December delivery was up 0.22% or 2.70 to $1232.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.33% or 0.21 to hit $62.89 a barrel, while the January Brent oil contract fell 0.62% or 0.45 to trade at $72.72 a barrel.

USD/CNY was down 0.06% to 6.9219, while EUR/CNY rose 0.03% to 7.9004.

The US Dollar Index Futures was up 0.04% at 96.12.

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