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China stocks lower at close of trade; Shanghai Composite down 1.39%

Published 04/17/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 1.39%
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Investing.com – China stocks were lower after the close on Tuesday, as losses in the Software & Computer Services, Travel & Leisure and Telecoms sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 1.39% to hit a new 6-months low, while the SZSE Component index lost 2.13%.

The best performers of the session on the Shanghai Composite were Hna Innovation Hainan Co Ltd A (SS:600555), which rose 10.08% or 0.50 points to trade at 5.46 at the close. Meanwhile, Great-Sun Foods Co Ltd (SS:603336) added 9.99% or 2.960 points to end at 32.590 and Shanghai LongYun Advertising & Media Co Ltd (SS:603729) was up 9.99% or 5.63 points to 61.97 in late trade.

The worst performers of the session were Keda Group Co Ltd (SS:600986), which fell 10.04% or 1.110 points to trade at 9.950 at the close. Shanghai Zhongji Investment Holding Co Ltd (SS:600634) declined 10.04% or 0.99 points to end at 8.87 and Shanghai Feilo Acoustics Co Ltd (SS:600651) was down 10.00% or 0.71 points to 6.39.

The top performers on the SZSE Component were Xian International Medical Investment Co Ltd (SZ:000516) which rose 10.02% to 5.38, Sichuan Haite High-tech Co Ltd (SZ:002023) which was up 9.98% to settle at 10.69 and GuangDong Huasheng Electrical Appliances Co Ltd (SZ:002670) which gained 5.50% to close at 16.87.

The worst performers were COFCO Property Group Co Ltd (SZ:000031) which was down 10.00% to 7.20 in late trade, Beijing Sinnet Technology Co Ltd (SZ:300383) which lost 9.99% to settle at 16.75 and Shenzhen Ysstech Info-Tech Co Ltd (SZ:300377) which was down 9.56% to 16.09 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1174 to 178 and 16 ended unchanged.

Shares in Shanghai Zhongji Investment Holding Co Ltd (SS:600634) fell to 3-years lows; losing 10.04% or 0.99 to 8.87. Shares in Shanghai Feilo Acoustics Co Ltd (SS:600651) fell to 3-years lows; losing 10.00% or 0.71 to 6.39.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.20% to 23.97.

Gold Futures for June delivery was down 0.18% or 2.40 to $1348.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.51% or 0.34 to hit $66.56 a barrel, while the June Brent oil contract rose 0.39% or 0.28 to trade at $71.70 a barrel.

USD/CNY was down 0.23% to 6.2804, while EUR/CNY rose 0.29% to 7.7944.

The US Dollar Index Futures was down 0.19% at 88.97.

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