👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

China stocks lower at close of trade; Shanghai Composite down 0.44%

Published 05/24/2018, 03:35 AM
Updated 05/24/2018, 03:40 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.44%
FTXIN4651010
-
FTXIN4101020
-
FTXIN465
-
SSEC
-
VXFXI
-
600845
-
600555
-
600520
-
SZI
-
002310
-
002640
-
000516
-
002307
-
300037
-
300156
-
603069
-
603090
-
603887
-

Investing.com – China stocks were lower after the close on Thursday, as losses in the Technology Hardware & Equipment, Electricity and Utilities sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.44%, while the SZSE Component index lost 0.63%.

The best performers of the session on the Shanghai Composite were Hainan Haiqi Transportation Group Co Ltd (SS:603069), which rose 10.02% or 1.040 points to trade at 11.420 at the close. Meanwhile, TongLing Zonfa Trinity Technology Co Ltd (SS:600520) added 10.01% or 1.81 points to end at 19.89 and Hna Innovation Hainan Co Ltd A (SS:600555) was up 9.92% or 0.52 points to 5.76 in late trade.

The worst performers of the session were Shanghai Baosight Software Co Ltd A (SS:600845), which fell 6.91% or 1.920 points to trade at 25.870 at the close. Wuxi Hongsheng Heat Exchanger Manufacturing Co Ltd (SS:603090) declined 5.92% or 1.210 points to end at 19.220 and Shanghai Chengdi Construction Corp Ltd (SS:603887) was down 5.90% or 1.810 points to 28.890.

The top performers on the SZSE Component were Xinjiang Beixin Road&Bridge Group Co Ltd (SZ:002307) which rose 9.97% to 7.06, Xian International Medical Investment Co Ltd (SZ:000516) which was up 9.09% to settle at 6.00 and Shenzhen Capchem Tech (SZ:300037) which gained 6.85% to close at 23.23.

The worst performers were Beijing Orient Landscape Co Ltd (SZ:002310) which was down 8.74% to 15.03 in late trade, Shenwu Environmental Tech (SZ:300156) which lost 7.60% to settle at 9.00 and Shanxi Baiyuan Trousers Chain Management Co Ltd (SZ:002640) which was down 5.62% to 18.31 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 772 to 524 and 80 ended unchanged.

Shares in Beijing Orient Landscape Co Ltd (SZ:002310) fell to 52-week lows; losing 8.74% or 1.44 to 15.03. Shares in Xian International Medical Investment Co Ltd (SZ:000516) rose to 52-week highs; rising 9.09% or 0.50 to 6.00. Shares in Shenwu Environmental Tech (SZ:300156) fell to 5-year lows; losing 7.60% or 0.74 to 9.00.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 6.58% to 21.39.

Gold Futures for June delivery was up 0.52% or 6.70 to $1296.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.39% or 0.28 to hit $71.56 a barrel, while the July Brent oil contract fell 0.48% or 0.38 to trade at $79.42 a barrel.

USD/CNY was down 0.04% to 6.3874, while EUR/CNY rose 0.25% to 7.4912.

The US Dollar Index Futures was down 0.19% at 93.73.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.