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China stocks lower at close of trade; Shanghai Composite down 0.42%

Published 01/17/2019, 02:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.42%
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Investing.com – China stocks were lower after the close on Thursday, as losses in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.42%, while the SZSE Component index lost 0.93%.

The best performers of the session on the Shanghai Composite were Wintime Energy Co Ltd (SS:600157), which rose 10.26% or 0.200 points to trade at 2.150 at the close. Meanwhile, Hongda (SS:600331) added 10.14% or 0.220 points to end at 2.390 and Fangxing Sci (SS:600552) was up 10.08% or 0.400 points to 4.370 in late trade.

The worst performers of the session were Leysen Jewellery Inc (SS:603900), which fell 9.92% or 1.400 points to trade at 12.720 at the close. DELIXI XINJIANG Transportation Co Ltd (SS:603032) declined 6.33% or 1.84 points to end at 27.21 and Zhejiang Huatie Construction Safety Science and Technology Co Ltd (SS:603300) was down 6.10% or 0.320 points to 4.930.

The top performers on the SZSE Component were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which rose 10.27% to 1.61, Tianguang Fire-Fighting Co Ltd (SZ:002509) which was up 10.12% to settle at 2.72 and Yinji Entertainment Media Co Ltd (SZ:002143) which gained 10.09% to close at 3.60.

The worst performers were Beijing SuperMap Software Co Ltd (SZ:300036) which was down 5.72% to 15.32 in late trade, Dongxu Optoelectronic Tech (SZ:000413) which lost 5.34% to settle at 4.61 and Yealink Network Technology Corp Ltd (SZ:300628) which was down 4.70% to 73.55 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1076 to 347 and 59 ended unchanged.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.75.

Gold Futures for February delivery was down 0.20% or 2.55 to $1291.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.69% or 0.36 to hit $51.95 a barrel, while the March Brent oil contract fell 0.55% or 0.34 to trade at $60.98 a barrel.

USD/CNY was up 0.26% to 6.7707, while EUR/CNY rose 0.06% to 7.7013.

The US Dollar Index Futures was up 0.22% at 95.887.

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