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China stocks mixed at close of trade; Shanghai Composite down 0.60%

Published 03/26/2018, 03:35 AM
© Reuters.  China stocks mixed at close of trade; Shanghai Composite down 0.60%
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Investing.com – China stocks were mixed after the close on Monday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares higher while losses in the Life Insurance, Banking and Travel & Leisure sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.60% to hit a new 1-month low, while the SZSE Component index climbed 1.19%.

The best performers of the session on the Shanghai Composite were Taiyuan Chemical Industry Co Ltd (SS:600281), which rose 10.07% or 0.460 points to trade at 5.030 at the close. Meanwhile, JiLin Sino-Microelectronics Co Ltd (SS:600360) added 10.06% or 0.710 points to end at 7.770 and North Navigation Control Technology Co Ltd (SS:600435) was up 10.04% or 0.980 points to 10.740 in late trade.

The worst performers of the session were Antong Holdings Co Ltd (SS:600179), which fell 9.98% or 1.880 points to trade at 16.960 at the close. Jiangsu High Hope International Group Corp (SS:600981) declined 8.57% or 0.550 points to end at 5.870 and China Fortune Land Development Co Ltd (SS:600340) was down 6.87% or 2.340 points to 31.720.

The top performers on the SZSE Component were Swan Fiber Co Ltd (SZ:000687) which rose 10.05% to 10.29, Hubei Golden Ring Co Ltd (SZ:000615) which was up 10.05% to settle at 9.42 and Sungrow Power Supply Co Ltd (SZ:300274) which gained 10.02% to close at 17.90.

The worst performers were Xinjiang Goldwind Science & Technology Co Ltd Class A (SZ:002202) which was down 6.34% to 17.87 in late trade, Ningbo Huaxiang Electronic Co Ltd (SZ:002048) which lost 6.33% to settle at 15.99 and Sainty Marine Corp Ltd (SZ:002608) which was down 6.00% to 8.61 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 953 to 387 and 30 ended unchanged.

Shares in Ningbo Huaxiang Electronic Co Ltd (SZ:002048) fell to 52-week lows; losing 6.33% or 1.08 to 15.99.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 6.76% to 30.63.

Gold Futures for April delivery was down 0.30% or 4.00 to $1345.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.79% or 0.52 to hit $65.36 a barrel, while the June Brent oil contract fell 0.59% or 0.41 to trade at $69.40 a barrel.

USD/CNY was down 0.29% to 6.2976, while EUR/CNY fell 0.00% to 7.8020.

The US Dollar Index Futures was down 0.18% at 88.94.

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