Investing.com – China equities were lower at the close on Friday, as losses in the Software & Computer Services, Travel & Leisure and Technology sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite fell 4.21% to hit a new 1-month low, while the SZSE Component index declined 5.42%.
The biggest gainers of the session on the Shanghai Composite were Sd Hiking (SS:600735), which rose 10.01% or 1.550 points to trade at 17.030 at the close. Shenqi Phar (SS:600613) added 8.75% or 1.600 points to end at 19.880 and Huayin Elec (SS:600744) was up 6.58% or 0.670 points to 10.850 in late trade.
Biggest losers included Ba Yi Steel (SS:600581), which lost 10.04% or 1.080 points to trade at 9.680 in late trade. Fenglin Wood (SS:601996) declined 10.04% or 1.010 points to end at 9.050 and Black Peony (SS:600510) shed 10.03% or 1.480 points to 13.280.
The top performers on the SZSE Component were Jinke Property Group Co Ltd (SZ:000656) which rose 10.00% to 7.15, Zhefu Holding Group Co Ltd (SZ:002266) which was up 9.96% to settle at 12.14 and Shaanxi Fenghuo Electronics Co Ltd (SZ:000561) which gained 9.09% to close at 12.72.
The worst performers were Zhejiang Jingxing Paper Joint Stock Co Ltd (SZ:002067) which was down 10.03% to 7.09 in late trade, Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which lost 10.02% to settle at 16.71 and Yunnan luoping Zinc & Electricity Co Ltd (SZ:002114) which was down 10.02% to 13.83 at the close.
Declining stocks outnumbered rising ones by 923 to 43 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 11.20% to 36.33.
In commodities trading, Gold for December delivery was down 0.04% or 0.50 to $1152.70 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.45% or 0.18 to hit $41.13 a barrel, while the October Brent oil contract fell 0.35% or 0.17 to trade at $46.45 a barrel.
USD/CNY was up 0.06% to 6.3926, while EUR/CNY rose 0.13% to 7.1883.
The US Dollar Index was down 0.13% at 95.65.