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China stocks lower at close of trade; Shanghai Composite down 0.32%

Published 05/04/2018, 03:35 AM
Updated 05/04/2018, 03:40 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.32%
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Investing.com – China stocks were lower after the close on Friday, as losses in the Life Insurance, Financials and Banking sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.32%, while the SZSE Component index declined 0.31%.

The best performers of the session on the Shanghai Composite were Wintime Energy Co Ltd (SS:600157), which rose 10.23% or 0.220 points to trade at 2.370 at the close. Meanwhile, Shanghai Laimu Electronics Co Ltd (SS:603633) added 10.02% or 1.850 points to end at 20.310 and GuangDong Super Telecom Co Ltd (SS:603322) was up 9.99% or 2.900 points to 31.940 in late trade.

The worst performers of the session were Aurora Optoelectronics Co Ltd (SS:600666), which fell 10.00% or 1.740 points to trade at 15.660 at the close. China National Software & Service Co Ltd (SS:600536) declined 9.90% or 2.590 points to end at 23.570 and Whirlpool China Co Ltd (SS:600983) was down 7.97% or 0.510 points to 5.890.

The top performers on the SZSE Component were Glodon Software Co Ltd (SZ:002410) which rose 9.98% to 26.55, Shenzhen Hepalink Pharmaceutical Co Ltd (SZ:002399) which was up 8.80% to settle at 19.53 and Happigo Home Shopping Co Ltd (SZ:300413) which gained 8.62% to close at 38.05.

The worst performers were Shanghai 2345 Network Holding Group (SZ:002195) which was down 5.17% to 6.78 in late trade, Cefc Anhui International Holding Co Ltd (SZ:002018) which lost 5.08% to settle at 3.74 and Csg Smart Science&Technology Co Ltd (SZ:300222) which was down 4.63% to 21.22 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 744 to 560 and 62 ended unchanged.

Shares in Aurora Optoelectronics Co Ltd (SS:600666) fell to 3-years lows; losing 10.00% or 1.740 to 15.660. Shares in GuangDong Super Telecom Co Ltd (SS:603322) rose to 52-week lows; rising 9.99% or 2.900 to 31.940. Shares in Glodon Software Co Ltd (SZ:002410) rose to 52-week highs; rising 9.98% or 2.41 to 26.55. Shares in Cefc Anhui International Holding Co Ltd (SZ:002018) fell to 5-year lows; falling 5.08% or 0.20 to 3.74.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 2.48% to 22.69.

Gold Futures for June delivery was down 0.18% or 2.30 to $1310.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.18% or 0.12 to hit $68.31 a barrel, while the July Brent oil contract fell 0.26% or 0.19 to trade at $73.43 a barrel.

USD/CNY was down 0.03% to 6.3518, while EUR/CNY fell 0.21% to 7.6027.

The US Dollar Index Futures was up 0.11% at 92.38.

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