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China stocks lower at close of trade; Shanghai Composite down 1.00%

Published 08/03/2018, 11:15 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 1.00%
FTXIN4101020
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Investing.com – China stocks were lower after the close on Friday, as losses in the Travel & Leisure, Technology Hardware & Equipment and Technology sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 1.00%, while the SZSE Component index lost 2.03%.

The best performers of the session on the Shanghai Composite were Hunan Huasheng Co Ltd (SS:600156), which rose 10.07% or 0.410 points to trade at 4.480 at the close. Meanwhile, Taiyuan Chemical Industry Co Ltd (SS:600281) added 10.05% or 0.390 points to end at 4.270 and Shanghai Highly Group Co Ltd A (SS:600619) was up 10.02% or 1.180 points to 12.960 in late trade.

The worst performers of the session were Shanghai Feilo Acoustics Co Ltd (SS:600651), which fell 10.05% or 0.42 points to trade at 3.76 at the close. Autobio Diagnostics Co Ltd (SS:603658) declined 9.99% or 7.220 points to end at 65.020 and PNC Process Systems Co Ltd (SS:603690) was down 9.98% or 2.30 points to 20.75.

The top performers on the SZSE Component were Jiangxi Zhengbang Technology Co Ltd (SZ:002157) which rose 5.00% to 4.41, Muyuan Foodstuff Co Ltd (SZ:002714) which was up 4.94% to settle at 27.19 and EVE Energy (SZ:300014) which gained 4.59% to close at 15.49.

The worst performers were Guangdong Advertising Co Ltd (SZ:002400) which was down 10.12% to 3.11 in late trade, Beijing Venustech Inc (SZ:002439) which lost 10.02% to settle at 16.88 and Zhejiang Hexin Industry Group Co Ltd (SZ:002343) which was down 10.00% to 12.33 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 950 to 411 and 66 ended unchanged.

Shares in Beijing Venustech Inc (SZ:002439) fell to 52-week lows; falling 10.02% or 1.88 to 16.88. Shares in Zhejiang Hexin Industry Group Co Ltd (SZ:002343) fell to 3-years lows; losing 10.00% or 1.37 to 12.33.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 4.49% to 22.10.

Gold Futures for December delivery was up 0.66% or 8.00 to $1228.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.26% or 0.18 to hit $68.78 a barrel, while the October Brent oil contract rose 0.01% or 0.01 to trade at $73.46 a barrel.

USD/CNY was down 0.12% to 6.8347, while EUR/CNY fell 0.05% to 7.9229.

The US Dollar Index Futures was down 0.15% at 94.86.

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