Investing.com – China stocks were lower after the close on Thursday, as losses in the Real Estate Investments & Services, Gas, Water & Multiutilities and Software & Computer Services sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 0.97% to hit a new 52-week low, while the SZSE Component index declined 1.06%.
The best performers of the session on the Shanghai Composite were Huafang Co Ltd (SS:600448), which rose 10.05% or 0.430 points to trade at 4.710 at the close. Meanwhile, Nanjing Textiles Import & Export Corp Ltd (SS:600250) added 10.05% or 0.630 points to end at 6.900 and Hunan Corun New Energy Co Ltd (SS:600478) was up 9.91% or 0.440 points to 4.880 in late trade.
The worst performers of the session were Suzhou Kelida Building & Decoration Co Ltd (SS:603828), which fell 23.30% or 2.020 points to trade at 6.650 at the close. Start Group (SS:600734) declined 10.05% or 0.850 points to end at 7.610 and China United Travel Co Ltd (SS:600358) was down 10.02% or 0.61 points to 5.48.
The top performers on the SZSE Component were Shenzhen Everwin Precision Tech (SZ:300115) which rose 10.01% to 12.64, MLS Co Ltd (SZ:002745) which was up 5.34% to settle at 17.150 and Songcheng Performance Develop (SZ:300144) which gained 4.95% to close at 22.88.
The worst performers were Hongda Xingye Co Ltd (SZ:002002) which was down 9.90% to 4.55 in late trade, Chongqing Tong Jun Ge Co Ltd (SZ:000591) which lost 9.90% to settle at 3.73 and Shenzhen Tatfook Tech (SZ:300134) which was down 9.87% to 8.13 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1035 to 312 and 52 ended unchanged.
Shares in Start Group (SS:600734) fell to 52-week lows; losing 10.05% or 0.850 to 7.610. Shares in China United Travel Co Ltd (SS:600358) fell to 3-years lows; down 10.02% or 0.61 to 5.48. Shares in Hongda Xingye Co Ltd (SZ:002002) fell to 5-year lows; down 9.90% or 0.50 to 4.55. Shares in Chongqing Tong Jun Ge Co Ltd (SZ:000591) fell to 5-year lows; down 9.90% or 0.41 to 3.73. Shares in Shenzhen Tatfook Tech (SZ:300134) fell to 3-years lows; losing 9.87% or 0.89 to 8.13.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 26.13 a new 1-month high.
Gold Futures for August delivery was down 0.40% or 5.00 to $1251.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.38% or 0.28 to hit $72.48 a barrel, while the September Brent oil contract fell 0.25% or 0.19 to trade at $77.27 a barrel.
USD/CNY was up 0.24% to 6.6197, while EUR/CNY rose 0.20% to 7.6477.
The US Dollar Index Futures was up 0.07% at 95.09.