China shares lower at close of trade; Shanghai Composite down 0.65%

Investing.com – China equities were lower at the close on Friday, as losses in the Media , Technology Hardware & Equipment and Retailers sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.65%, while the SZSE Component index fell 1.23%.

The biggest gainers of the session on the Shanghai Composite were Qingdao Huijintong Power Eouipment Co Ltd (SS: 603577 ), which rose 10.03% or 1.350 points to trade at 14.810 at the close. Qingdao Tianhua Institute Chemistry Engineering Co Ltd (SS: 600579 ) added 10.01% or 1.01 points to end at 11.10 and Comefly Outdoor Co Ltd (SS: 603908 ) was up 10.00% or 3.39 points to 37.29 in late trade.

Biggest losers included Jien Nickel (SS: 600432 ), which lost 10.07% or 0.550 points to trade at 4.910 in late trade. Suzhou Douson Drilling & Production Equipment Co Ltd (SS: 603800 ) declined 10.01% or 2.290 points to end at 20.580 and Shenji Group Kunming Machine Tool Co Ltd (SS: 600806 ) shed 9.96% or 0.520 points to 4.700.

The top performers on the SZSE Component were CNNC Hua Yuan Titanium Dioxide Co Ltd (SZ: 002145 ) which rose 9.92% to 4.21, First Capital Securities Co Ltd Class A (SZ: 002797 ) which was up 6.10% to settle at 7.13 and Zhejiang Supor Co Ltd (SZ: 002032 ) which gained 4.47% to close at 53.99.

The worst performers were Jiangsu Kangde Xin Composite Material Co Ltd (SZ: 002450 ) which was down 10.01% to 17.08 in late trade, Chongqing Zhifei Bio Products (SZ: 300122 ) which lost 10.00% to settle at 41.95 and Anhui Shengyun Environment-Protection Group Co Ltd (SZ: 300090 ) which was down 9.96% to 8.32 at the close.

Declining stocks outnumbered rising ones by 900 to 435 and 40 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 20.63.

In commodities trading, Gold Futures for June delivery was down 0.14% or 1.80 to $1298.30 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.10% or 0.07 to hit $67.11 a barrel, while the August Brent oil contract rose 0.17% or 0.13 to trade at $77.69 a barrel.

USD/CNY was up 0.03% to 6.4120, while EUR/CNY rose 0.07% to 7.5031.

The US Dollar Index Futures was unchanged 0.00% at 93.95.