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China shares lower at close of trade; Shanghai Composite down 2.08%

Published 17/09/2015, 08:35
© Reuters.  China shares lower at close of trade; Shanghai Composite down 2.08%
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Investing.com – China equities were lower at the close on Thursday, as losses in the Travel & Leisure, Media and Retailers sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite fell 2.08%, while the SZSE Component index declined 1.52%.

The biggest gainers of the session on the Shanghai Composite were Golden Eagle SS (SS:600232), which rose 10.07% or 0.690 points to trade at 7.540 at the close. Teamsun Tech (SS:600410) added 10.03% or 1.690 points to end at 18.540 and Gem Year Ind (SS:601002) was up 10.01% or 0.800 points to 8.790 in late trade.

Biggest losers included Hangxiao Steel (SS:600477), which lost 10.04% or 1.100 points to trade at 9.860 in late trade. Sanmao Textile (SS:900922) declined 10.03% or 0.102 points to end at 0.915 and Ccs Supply Cha (SS:600180) shed 10.00% or 2.030 points to 18.270.

The top performers on the SZSE Component were Tianma Bearing Group Co Ltd (SZ:002122) which rose 10.03% to 7.02, Wonders Information (SZ:300168) which was up 10.02% to settle at 24.93 and Wuhan Tianyu Info Industry (SZ:300205) which gained 9.97% to close at 15.00.

The worst performers were Foshan Electrical and Lighting Co Ltd (SZ:000541) which was down 10.03% to 10.05 in late trade, Xinxing Ductile Iron Pipes Co Ltd (SZ:000778) which lost 10.03% to settle at 9.42 and Jingwei Textile Machinery Co Ltd (SZ:000666) which was down 10.01% to 14.74 at the close.

Declining stocks outnumbered rising ones by 839 to 115 on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 7.02% to 42.51.

In commodities trading, Gold for December delivery was up 0.08% or 0.90 to $1119.90 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.15% or 0.07 to hit $47.08 a barrel, while the November Brent oil contract rose 0.14% or 0.07 to trade at $49.82 a barrel.

USD/CNY was down 0.07% to 6.3665, while EUR/CNY rose 0.06% to 7.1987.

The US Dollar Index was down 0.11% at 95.40.

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