China shares lower at close of trade; Shanghai Composite down 1.53%

  • Stock Market News
China shares lower at close of trade; Shanghai Composite down 1.53%
Credit: © Reuters. – China equities were lower at the close on Monday, as losses in the Real Estate Investments & Services , Banking and Financials sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite declined 1.53% to hit a new 6-month low, while the SZSE Component index fell 0.61%.

The biggest gainers of the session on the Shanghai Composite were China Hainan Rubber Industry Group Co Ltd (SS: 601118 ), which rose 10.03% or 0.620 points to trade at 6.800 at the close. Linewell Software Co Ltd (SS: 603636 ) added 10.02% or 1.230 points to end at 13.500 and Hainan Mining Co Ltd (SS: 601969 ) was up 10.01% or 0.77 points to 8.46 in late trade.

Biggest losers included Shanghai Hongda Mining Co Ltd (SS: 600532 ), which lost 10.02% or 0.810 points to trade at 7.270 in late trade. Taiyuan Lionhead Cement Co Ltd (SS: 600539 ) declined 10.01% or 1.040 points to end at 9.350 and Shanghai Feilo Acoustics Co Ltd (SS: 600651 ) shed 10.01% or 0.79 points to 7.10.

The top performers on the SZSE Component were Inspur Electronic Info Industr (SZ: 000977 ) which rose 10.02% to 25.810, Telling Telecommunication Holding Co Ltd (SZ: 000829 ) which was up 10.02% to settle at 9.77 and Shenzhen InfoGem Technologies Co Ltd (SZ: 300085 ) which gained 10.01% to close at 17.58.

The worst performers were Shaanxi J&R Fire Protection Co Ltd (SZ: 300116 ) which was down 10.06% to 4.20 in late trade, Guilin Guanglu Measuring Instrument Co Ltd (SZ: 002175 ) which lost 10.05% to settle at 5.91 and Hunan TV & Broadcast Intermediary Co Ltd (SZ: 000917 ) which was down 8.81% to 6.73 at the close.

Declining stocks outnumbered rising ones by 1020 to 331 and 21 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was down 2.45% to 24.26.

In commodities trading, Gold Futures for June delivery was down 0.21% or 2.80 to $1345.10 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.57% or 1.06 to hit $66.33 a barrel, while the June Brent oil contract fell 1.72% or 1.25 to trade at $71.33 a barrel.

USD/CNY was up 0.08% to 6.2834, while EUR/CNY rose 0.12% to 7.7501.

The US Dollar Index Futures was down 0.08% at 89.44.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or


Related Articles