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China stocks lower at close of trade; Shanghai Composite down 0.71%

Published 07/26/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.71%
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Investing.com – China stocks were lower after the close on Thursday, as losses in the Technology Hardware & Equipment, Technology and Life Insurance sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.71%, while the SZSE Component index declined 1.18%.

The best performers of the session on the Shanghai Composite were Lotus Health Group Co (SS:600186), which rose 10.24% or 0.210 points to trade at 2.260 at the close. Meanwhile, Heilongjiang Interchina Water Treatment Co Ltd (SS:600187) added 10.10% or 0.300 points to end at 3.270 and Tianjin Quanyechang Group Co Ltd (SS:600821) was up 10.09% or 0.430 points to 4.690 in late trade.

The worst performers of the session were Great-Sun Foods Co Ltd (SS:603336), which fell 9.93% or 2.960 points to trade at 26.850 at the close. Shanghai Hile Bio Technology Co Ltd (SS:603718) declined 8.90% or 1.200 points to end at 12.290 and BanBao Co Ltd (SS:603398) was down 6.43% or 1.180 points to 17.180.

The top performers on the SZSE Component were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which rose 10.04% to 2.52, Yinji Entertainment Media Co Ltd (SZ:002143) which was up 9.94% to settle at 5.97 and Anhui Shengyun Environment-Protection Group Co Ltd (SZ:300090) which gained 9.89% to close at 4.11.

The worst performers were Beijing SuperMap Software Co Ltd (SZ:300036) which was down 8.65% to 22.06 in late trade, Suzhou Anjie Technology Co Ltd (SZ:002635) which lost 6.75% to settle at 18.80 and Giant Network Group Co Ltd (SZ:002558) which was down 6.12% to 19.48 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 728 to 648 and 46 ended unchanged.

Shares in Giant Network Group Co Ltd (SZ:002558) fell to 52-week lows; down 6.12% or 1.27 to 19.48.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.00.

Gold Futures for August delivery was down 0.38% or 4.70 to $1227.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.29% or 0.20 to hit $69.50 a barrel, while the September Brent oil contract rose 1.00% or 0.74 to trade at $74.67 a barrel.

USD/CNY was up 0.20% to 6.7829, while EUR/CNY rose 0.17% to 7.9550.

The US Dollar Index Futures was unchanged 0.00% at 93.98.

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