Investing.com – China stocks were lower after the close on Monday, as losses in the Life Insurance, Retailers and Gas, Water & Multiutilities sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 1.61%, while the SZSE Component index declined 1.96%.
The best performers of the session on the Shanghai Composite were China Shipping (SS:601866), which rose 10.06% or 0.790 points to trade at 8.640 at the close. Meanwhile, Tianjin Quanye (SS:600821) added 10.06% or 0.890 points to end at 9.740 and Ba Yi Steel (SS:600581) was up 10.05% or 0.820 points to 8.980 in late trade.
The worst performers of the session were Xinri Hengli (SS:600165), which fell 10.02% or 2.110 points to trade at 18.950 at the close. Joincare (SS:600380) declined 10.02% or 2.450 points to end at 22.010 and Luyin Invest (SS:600784) was down 10.02% or 1.610 points to 14.460.
The top performers on the SZSE Component were AVIC Aircraft Co Ltd (SZ:000768) which rose 4.45% to 29.12, ZTE Corp (SZ:000063) which was up 4.17% to settle at 27.22 and BOE Technology Group Co Ltd (SZ:000725) which gained 3.58% to close at 4.63.
The worst performers were Zhejiang Dahua Technology Co Ltd (SZ:002236) which was down 6.83% to 34.76 in late trade, Jilin Aodong Pharmaceutical Group Co Ltd (SZ:000623) which lost 6.23% to settle at 38.50 and Beijing Originwater Technology (SZ:300070) which was down 5.45% to 43.55 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 705 to 254.
Shares in China Shipping (SS:601866) rose to 3-years highs; rising 10.06% or 0.790 to 8.640. Shares in Tianjin Quanye (SS:600821) rose to 3-years highs; gaining 10.06% or 0.890 to 9.740. Shares in Ba Yi Steel (SS:600581) rose to 3-years highs; gaining 10.05% or 0.820 to 8.980. Shares in AVIC Aircraft Co Ltd (SZ:000768) rose to all time highs; gaining 4.45% or 1.24 to 29.12. Shares in ZTE Corp (SZ:000063) rose to all time highs; rising 4.17% or 1.09 to 27.22.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 5.39% to 32.67.
Gold for June delivery was up 0.34% or 4.10 to $1207.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.79% or 0.46 to hit $57.77 a barrel, while the June Brent oil contract rose 0.39% or 0.25 to trade at $63.70 a barrel.
USD/CNY was up 0.09% to 6.2019, while EUR/CNY fell 0.12% to 6.6895.
The US Dollar Index was up 0.09% at 97.70.