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China stocks lower at close of trade; Shanghai Composite down 0.82%

Published 12/18/2018, 02:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.82%
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Investing.com – China stocks were lower after the close on Tuesday, as losses in the Real Estate Investments & Services, Financials and Oil Equipment Services & Distribution sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.82%, while the SZSE Component index fell 0.82%.

The best performers of the session on the Shanghai Composite were Eastern Gold Jade Co Ltd (SS:600086), which rose 10.07% or 0.460 points to trade at 5.030 at the close. Meanwhile, Huayi Electric Co Ltd (SS:600290) added 10.05% or 0.430 points to end at 4.710 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) was up 10.00% or 2.56 points to 28.17 in late trade.

The worst performers of the session were Zhejiang Hisun Pharmaceutical Co Ltd (SS:600267), which fell 8.60% or 0.910 points to trade at 9.670 at the close. Poten Environment Group Co Ltd (SS:603603) declined 7.51% or 1.31 points to end at 16.13 and Zhejiang Tuna Environmental Science & Technology Co Ltd (SS:603177) was down 7.15% or 0.81 points to 10.52.

The top performers on the SZSE Component were Yinyi Real Estate Co Ltd (SZ:000981) which rose 10.09% to 3.71, Tatwah Smartech Co Ltd (SZ:002512) which was up 10.00% to settle at 6.27 and Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which gained 4.97% to close at 3.80.

The worst performers were Zhonghong Holding Co Ltd (SZ:000979) which was down 7.69% to 0.24 in late trade, China Aviation Optical-Electrical Technology Co Ltd (SZ:002179) which lost 6.49% to settle at 35.30 and Jiangsu Jiujiujiu Technology Co Ltd (SZ:002411) which was down 5.83% to 22.79 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1023 to 383 and 68 ended unchanged.

Shares in Zhejiang Hisun Pharmaceutical Co Ltd (SS:600267) fell to 5-year lows; down 8.60% or 0.910 to 9.670. Shares in Zhonghong Holding Co Ltd (SZ:000979) fell to all time lows; down 7.69% or 0.02 to 0.24.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 6.06% to 28.00.

Gold Futures for February delivery was down 0.10% or 1.30 to $1250.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.81% or 0.91 to hit $49.29 a barrel, while the February Brent oil contract fell 1.90% or 1.13 to trade at $58.48 a barrel.

USD/CNY was up 0.01% to 6.8978, while EUR/CNY fell 0.01% to 7.8265.

The US Dollar Index Futures was up 0.04% at 96.588.

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