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China stocks lower at close of trade; Shanghai Composite down 0.41%

Published 11/05/2018, 02:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.41%
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Investing.com – China stocks were lower after the close on Monday, as losses in the Real Estate Investments & Services, Travel & Leisure and Life Insurance sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.41%, while the SZSE Component index lost 0.36%.

The best performers of the session on the Shanghai Composite were Zhejiang Qianjiang Biochemical Co Ltd (SS:600796), which rose 10.07% or 0.540 points to trade at 5.900 at the close. Meanwhile, Shenzhen Geoway Co Ltd (SS:600462) added 10.07% or 0.280 points to end at 3.060 and Yaxing Chem (SS:600319) was up 10.07% or 0.450 points to 4.920 in late trade.

The worst performers of the session were Jiangsu Hongtu High Technology Co Ltd (SS:600122), which fell 10.06% or 0.670 points to trade at 5.990 at the close. Eastern Gold Jade Co Ltd (SS:600086) declined 9.96% or 0.900 points to end at 8.140 and Zhejiang Shenghua Biok Biology Co Ltd (SS:600226) was down 7.53% or 0.250 points to 3.070.

The top performers on the SZSE Component were Sungrow Power Supply Co Ltd (SZ:300274) which rose 10.08% to 6.88, Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which was up 9.91% to settle at 4.77 and Chongqing Tong Jun Ge Co Ltd (SZ:000591) which gained 7.21% to close at 3.27.

The worst performers were Wanda Cinema Line Corp (SZ:002739) which was down 10.01% to 31.10 in late trade, Beijing Shouhang Resources Saving Co Ltd (SZ:002665) which lost 10.00% to settle at 5.22 and Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which was down 9.96% to 10.76 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 899 to 509 and 63 ended unchanged.

Shares in Jiangsu Hongtu High Technology Co Ltd (SS:600122) fell to 3-years lows; losing 10.06% or 0.670 to 5.990. Shares in Eastern Gold Jade Co Ltd (SS:600086) fell to 52-week lows; losing 9.96% or 0.900 to 8.140. Shares in Zhejiang Shenghua Biok Biology Co Ltd (SS:600226) fell to 3-years lows; losing 7.53% or 0.250 to 3.070. Shares in Wanda Cinema Line Corp (SZ:002739) fell to 3-years lows; losing 10.01% or 3.46 to 31.10. Shares in Beijing Shouhang Resources Saving Co Ltd (SZ:002665) fell to 5-year lows; falling 10.00% or 0.58 to 5.22. Shares in Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) fell to 52-week lows; falling 9.96% or 1.19 to 10.76.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 30.88.

Gold Futures for December delivery was up 0.21% or 2.60 to $1233.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.44% or 0.28 to hit $62.86 a barrel, while the January Brent oil contract fell 0.22% or 0.16 to trade at $72.67 a barrel.

USD/CNY was up 0.03% to 6.8933, while EUR/CNY rose 0.46% to 7.8857.

The US Dollar Index Futures was down 0.10% at 96.25.

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