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China stocks lower at close of trade; Shanghai Composite down 0.54%

Published 09/27/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.54%
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Investing.com – China stocks were lower after the close on Thursday, as losses in the Oil Equipment Services & Distribution, Technology Hardware & Equipment and Gas, Water & Multiutilities sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.54%, while the SZSE Component index lost 1.02%.

The best performers of the session on the Shanghai Composite were Shandong Swan Cotton Industrial Machinery Stock Co Ltd (SS:603029), which rose 10.03% or 1.440 points to trade at 15.790 at the close. Meanwhile, Xinjiang Baihuacun Co Ltd (SS:600721) added 10.03% or 0.580 points to end at 6.360 and Shanghai Hongda Mining Co Ltd (SS:600532) was up 10.03% or 0.360 points to 3.950 in late trade.

The worst performers of the session were Tianjin Tianhai Investment Co Ltd A (SS:600751), which fell 10.08% or 0.530 points to trade at 4.730 at the close. Shandong Binzhou Bohai Piston Co Ltd (SS:600960) declined 10.02% or 0.660 points to end at 5.930 and A-Zenith Home Furnishings Co Ltd (SS:603389) was down 10.02% or 1.250 points to 11.220.

The top performers on the SZSE Component were Hualan Biological EngineeringInc (SZ:002007) which rose 7.35% to 37.67, Wonders Information (SZ:300168) which was up 5.33% to settle at 19.38 and Fujian Sunner Development Co Ltd (SZ:002299) which gained 5.30% to close at 16.50.

The worst performers were Kyland Technology Co Ltd (SZ:300353) which was down 9.89% to 10.20 in late trade, Enjoyor (SZ:300020) which lost 9.79% to settle at 7.19 and Yinji Entertainment Media Co Ltd (SZ:002143) which was down 9.33% to 3.40 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1178 to 234 and 42 ended unchanged.

Shares in Tianjin Tianhai Investment Co Ltd A (SS:600751) fell to 3-years lows; down 10.08% or 0.530 to 4.730. Shares in Hualan Biological EngineeringInc (SZ:002007) rose to 52-week highs; gaining 7.35% or 2.58 to 37.67. Shares in Kyland Technology Co Ltd (SZ:300353) fell to 3-years lows; down 9.89% or 1.12 to 10.20. Shares in Enjoyor (SZ:300020) fell to 5-year lows; losing 9.79% or 0.78 to 7.19.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.57.

Gold Futures for December delivery was up 0.09% or 1.10 to $1200.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.27% or 0.91 to hit $72.48 a barrel, while the December Brent oil contract rose 1.13% or 0.91 to trade at $81.70 a barrel.

USD/CNY was down 0.05% to 6.8755, while EUR/CNY fell 0.33% to 8.0512.

The US Dollar Index Futures was up 0.29% at 94.15.

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