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China stocks lower at close of trade; Shanghai Composite down 0.26%

Published 01/08/2019, 02:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.26%
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600258
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Investing.com – China stocks were lower after the close on Tuesday, as losses in the Life Insurance, Media and Software & Computer Services sectors led shares lower.

At the close in Shanghai, the Shanghai Composite declined 0.26%, while the SZSE Component index fell 0.12%.

The best performers of the session on the Shanghai Composite were Jinzhou Port Co Ltd A (SS:600190), which rose 10.07% or 0.280 points to trade at 3.060 at the close. Meanwhile, Pengqi Technology Development Co Ltd A (SS:600614) added 10.06% or 0.530 points to end at 5.800 and Holsin Engineering Consulting Group Co Ltd (SS:603909) was up 10.02% or 2.610 points to 28.670 in late trade.

The worst performers of the session were Wuxi New Hongtai Electrical Technology Co Ltd (SS:603016), which fell 9.98% or 2.440 points to trade at 22.010 at the close. Pengqi Technology Development Co Ltd B (SS:900907) declined 9.82% or 0.054 points to end at 0.496 and BTG Hotels Group Co Ltd (SS:600258) was down 7.18% or 1.090 points to 14.100.

The top performers on the SZSE Component were JPMF Guangdong Co Ltd (SZ:002600) which rose 10.12% to 2.83, Shenzhen Fenda Technology Co Ltd (SZ:002681) which was up 10.05% to settle at 4.16 and Suzhou Victory Precision Manufacture Co Ltd (SZ:002426) which gained 10.00% to close at 2.64.

The worst performers were Tianjin Zhonghuan Semiconductor Co Ltd (SZ:002129) which was down 7.25% to 7.04 in late trade, Chenzhou Jingui Silver Industry Co Ltd (SZ:002716) which lost 5.73% to settle at 6.75 and Inner Mongolia Xingye Mining Co Ltd (SZ:000426) which was down 5.26% to 6.13 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 831 to 563 and 86 ended unchanged.

Shares in BTG Hotels Group Co Ltd (SS:600258) fell to 52-week lows; down 7.18% or 1.090 to 14.100.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 0.80% to 24.83 a new 1-month low.

Gold Futures for February delivery was down 0.53% or 6.85 to $1283.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.14% or 0.07 to hit $48.59 a barrel, while the March Brent oil contract rose 0.21% or 0.12 to trade at $57.45 a barrel.

USD/CNY was up 0.10% to 6.8576, while EUR/CNY fell 0.15% to 7.8483.

The US Dollar Index Futures was up 0.25% at 95.463.

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