Investing.com – China stocks were lower after the close on Thursday, as losses in the Oil Equipment Services & Distribution, Telecoms and Mobile sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 0.91%, while the SZSE Component index fell 0.33%.
The best performers of the session on the Shanghai Composite were Pearl River (SS:600684), which rose 10.05% or 1.000 points to trade at 10.950 at the close. Meanwhile, Typical Ind (SS:600302) added 10.05% or 0.930 points to end at 10.180 and Dajiang-B (SS:900919) was up 10.04% or 0.050 points to 0.548 in late trade.
The worst performers of the session were Sanlian Comm (SS:600898), which fell 9.84% or 1.580 points to trade at 14.480 at the close. Yangtze River (SS:600119) declined 8.61% or 2.400 points to end at 25.490 and Changzheng (SS:600112) was down 8.36% or 2.060 points to 22.570.
The top performers on the SZSE Component were Shan Dong Dong-E E-Jiao Co Ltd (SZ:000423) which rose 6.57% to 51.90, Financial Street Holdings Co Ltd (SZ:000402) which was up 6.06% to settle at 13.30 and Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) which gained 5.98% to close at 10.28.
The worst performers were Qinghai Salt Lake Industry Co Ltd (SZ:000792) which was down 4.19% to 28.15 in late trade, Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which lost 3.91% to settle at 86.01 and AVIC Aircraft Co Ltd (SZ:000768) which was down 3.88% to 26.52 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 690 to 272.
Shares in Pearl River (SS:600684) rose to a new all-time highs; gaining 10.05% or 1.000 to 10.950. Shares in Typical Ind (SS:600302) rose to 3-year highs; gaining 10.05% or 0.930 to 10.180. Shares in Dajiang-B (SS:900919) rose to 3-year highs; rising 10.04% or 0.050 to 0.548. Shares in Shan Dong Dong-E E-Jiao Co Ltd (SZ:000423) rose to 52-week highs; up 6.57% or 3.20 to 51.90. Shares in Financial Street Holdings Co Ltd (SZ:000402) rose to 52-week highs; up 6.06% or 0.76 to 13.30. Shares in Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) rose to 52-week highs; rising 5.98% or 0.58 to 10.28.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 21.77% to 29.65 a new 3-month high.
Gold for June delivery was down 0.69% or 8.30 to $1194.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.50% or 0.76 to hit $51.17 a barrel, while the May Brent oil contract rose 1.52% or 0.84 to trade at $56.40 a barrel.
USD/CNY was up 0.05% to 6.2047, while EUR/CNY fell 0.22% to 6.6697.
The US Dollar Index was up 0.31% at 98.56.