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China stocks lower at close of trade; Shanghai Composite down 1.35%

Published 04/26/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 1.35%
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Investing.com – China stocks were lower after the close on Thursday, as losses in the Life Insurance, Real Estate Investments & Services and Technology Hardware & Equipment sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 1.35%, while the SZSE Component index fell 2.42%.

The best performers of the session on the Shanghai Composite were Founder Technology Group Co Ltd (SS:600601), which rose 10.03% or 0.340 points to trade at 3.730 at the close. Meanwhile, Hunan Copote Science Technology Co Ltd (SS:600476) added 10.03% or 1.570 points to end at 17.220 and Shanghai Wondertek Software Co Ltd (SS:603189) was up 10.02% or 1.610 points to 17.670 in late trade.

The worst performers of the session were Henan Huanghe Whirlwind Co Ltd (SS:600172), which fell 10.05% or 0.740 points to trade at 6.620 at the close. Pengqi Technology Development Co Ltd A (SS:600614) declined 10.04% or 1.020 points to end at 9.140 and Shengyi Technology Co Ltd (SS:600183) was down 10.01% or 1.460 points to 13.120.

The top performers on the SZSE Component were Hunan China Sun Pharma Machinery (SZ:300216) which rose 10.05% to 9.20, Sichuan Haite High-tech Co Ltd (SZ:002023) which was up 9.97% to settle at 12.80 and Advanced Technology & Materials Co Ltd (SZ:000969) which gained 9.96% to close at 8.39.

The worst performers were Ningbo Huaxiang Electronic Co Ltd (SZ:002048) which was down 10.01% to 14.57 in late trade, Goldenmax International Technology Ltd (SZ:002636) which lost 9.99% to settle at 12.16 and Cefc Anhui International Holding Co Ltd (SZ:002018) which was down 9.90% to 4.37 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1179 to 149 and 42 ended unchanged.

Shares in Henan Huanghe Whirlwind Co Ltd (SS:600172) fell to 3-years lows; down 10.05% or 0.740 to 6.620. Shares in Pengqi Technology Development Co Ltd A (SS:600614) fell to 52-week lows; down 10.04% or 1.020 to 9.140. Shares in Ningbo Huaxiang Electronic Co Ltd (SZ:002048) fell to 52-week lows; falling 10.01% or 1.62 to 14.57. Shares in Goldenmax International Technology Ltd (SZ:002636) fell to 52-week lows; falling 9.99% or 1.35 to 12.16. Shares in Cefc Anhui International Holding Co Ltd (SZ:002018) fell to 5-year lows; falling 9.90% or 0.48 to 4.37.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 3.33% to 24.17.

Gold Futures for June delivery was up 0.28% or 3.70 to $1326.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.16% or 0.11 to hit $68.16 a barrel, while the June Brent oil contract rose 0.27% or 0.20 to trade at $74.20 a barrel.

USD/CNY was down 0.06% to 6.3231, while EUR/CNY rose 0.01% to 7.6947.

The US Dollar Index Futures was down 0.04% at 90.99.

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