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China stocks lower at close of trade; Shanghai Composite down 3.72%

Published 10/08/2018, 03:35 AM
China stocks lower at close of trade; Shanghai Composite down 3.72%
FTXIN4351010
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FTXIN4101020
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FTXIN4405010
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SSEC
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VXFXI
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600240
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600448
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600532
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600662
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SZI
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002302
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000930
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000503
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002366
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002308
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300122
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603085
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603389
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Investing.com – China stocks were lower after the close on Monday, as losses in the Real Estate Investments & Services, Technology Hardware & Equipment and Travel & Leisure sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 3.72%, while the SZSE Component index declined 4.05%.

The best performers of the session on the Shanghai Composite were Shanghai Hongda Mining Co Ltd (SS:600532), which rose 10.11% or 0.440 points to trade at 4.790 at the close. Meanwhile, Huafang Co Ltd (SS:600448) added 10.11% or 0.370 points to end at 4.030 and Shanghai Qiangsheng Holding Co Ltd (SS:600662) was up 9.95% or 0.410 points to 4.530 in late trade.

The worst performers of the session were Beijing Huaye Capital Holdings Co Ltd (SS:600240), which fell 10.07% or 0.550 points to trade at 4.910 at the close. Zhejiang Tiancheng Controls Co Ltd (SS:603085) declined 10.04% or 1.10 points to end at 9.86 and A-Zenith Home Furnishings Co Ltd (SS:603389) was down 10.04% or 1.060 points to 9.500.

The top performers on the SZSE Component were Cofco Biochemical Anhui Co Ltd (SZ:000930) which rose 2.61% to 9.43, Sichuan Danfu Compressor Co Ltd (SZ:002366) which was up 2.59% to settle at 9.49 and China West Construction Group Co Ltd (SZ:002302) which gained 2.52% to close at 13.85.

The worst performers were Vtron Technologies Ltd (SZ:002308) which was down 10.03% to 5.740 in late trade, Searainbow Holding Corp (SZ:000503) which lost 10.01% to settle at 18.07 and Chongqing Zhifei Bio Products (SZ:300122) which was down 10.01% to 44.06 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1369 to 75 and 11 ended unchanged.

Shares in Beijing Huaye Capital Holdings Co Ltd (SS:600240) fell to 3-years lows; falling 10.07% or 0.550 to 4.910. Shares in A-Zenith Home Furnishings Co Ltd (SS:603389) fell to all time lows; down 10.04% or 1.060 to 9.500. Shares in Vtron Technologies Ltd (SZ:002308) fell to all time lows; losing 10.03% or 0.640 to 5.740. Shares in Searainbow Holding Corp (SZ:000503) fell to 3-years lows; falling 10.01% or 2.01 to 18.07.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 25.47 a new 1-month high.

Gold Futures for December delivery was down 0.47% or 5.70 to $1199.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.87% or 0.65 to hit $73.69 a barrel, while the December Brent oil contract fell 1.11% or 0.93 to trade at $83.23 a barrel.

USD/CNY was up 0.03% to 6.8711, while EUR/CNY rose 0.26% to 7.9349.

The US Dollar Index Futures was up 0.18% at 95.48.

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