Investing.com – China stocks were lower after the close on Friday, as losses in the Electricity, Retailers and Technology Hardware & Equipment sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 0.70% to hit a new 52-week low, while the SZSE Component index fell 1.40%.
The best performers of the session on the Shanghai Composite were Chongqing Wanli New Energy Co Ltd (SS:600847), which rose 9.98% or 1.300 points to trade at 14.330 at the close. Meanwhile, Shanxi Coal International Energy Group Co Ltd (SS:600546) added 9.95% or 0.370 points to end at 4.090 and Zhengzhou Coal Industry & Electric Power Co Ltd (SS:600121) was up 9.92% or 0.360 points to 3.990 in late trade.
The worst performers of the session were Shanghai Chuangli Group Co Ltd (SS:603012), which fell 10.06% or 0.720 points to trade at 6.440 at the close. Yaxing Chem (SS:600319) declined 10.05% or 0.760 points to end at 6.800 and Ningbo Bird Co Ltd (SS:600130) was down 10.04% or 0.490 points to 4.390.
The top performers on the SZSE Component were Eternal Asia Supply Chain Management Ltd (SZ:002183) which rose 5.01% to 7.55, Westone Information Industry Inc (SZ:002268) which was up 4.97% to settle at 23.88 and Zhejiang Transfar Co Ltd (SZ:002010) which gained 4.80% to close at 13.33.
The worst performers were ZTE Corp (SZ:000063) which was down 10.02% to 22.82 in late trade, Zibo Qixiang Tengda Chemical Co Ltd (SZ:002408) which lost 10.01% to settle at 12.40 and Beijing Chinese All Digital Publishing Co Ltd (SZ:300364) which was down 10.01% to 7.82 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1130 to 238 and 23 ended unchanged.
Shares in Shanghai Chuangli Group Co Ltd (SS:603012) fell to all time lows; falling 10.06% or 0.720 to 6.440. Shares in Yaxing Chem (SS:600319) fell to 52-week lows; falling 10.05% or 0.760 to 6.800. Shares in Ningbo Bird Co Ltd (SS:600130) fell to 3-years lows; losing 10.04% or 0.490 to 4.390. Shares in Beijing Chinese All Digital Publishing Co Ltd (SZ:300364) fell to all time lows; down 10.01% or 0.87 to 7.82.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 18.29 a new 3-months low.
Gold Futures for August delivery was down 0.44% or 5.70 to $1302.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.12% or 0.08 to hit $66.81 a barrel, while the August Brent oil contract fell 0.33% or 0.25 to trade at $75.69 a barrel.
USD/CNY was up 0.19% to 6.4139, while EUR/CNY rose 0.27% to 7.4239.
The US Dollar Index Futures was up 0.01% at 94.94.