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China shares lower at close of trade; Shanghai Composite down 0.23%

Published 06/11/2018, 07:35
© Reuters.  China shares lower at close of trade; Shanghai Composite down 0.23%
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Investing.com – China equities were lower at the close on Tuesday, as losses in the Travel & Leisure, Software & Computer Services and Telecoms sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.23%, while the SZSE Component index fell 0.61%.

The biggest gainers of the session on the Shanghai Composite were Jiangsu Sunrain Solar Energy Co Ltd (SS:603366), which rose 10.14% or 0.360 points to trade at 3.910 at the close. Shanghai DaZhong Public Utilities Group Co Ltd (SS:600635) added 10.13% or 0.380 points to end at 4.130 and Shenzhen Geoway Co Ltd (SS:600462) was up 10.13% or 0.310 points to 3.370 in late trade.

Biggest losers included Jiangsu Hongtu High Technology Co Ltd (SS:600122), which lost 10.02% or 0.600 points to trade at 5.390 in late trade. ADD Industry Zhejiang Co Ltd (SS:603089) declined 10.01% or 2.20 points to end at 19.78 and Eastern Gold Jade Co Ltd (SS:600086) shed 9.95% or 0.810 points to 7.330.

The top performers on the SZSE Component were Huawen Media Investment Corp (SZ:000793) which rose 10.07% to 3.28, Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which was up 10.06% to settle at 5.25 and Sungrow Power Supply Co Ltd (SZ:300274) which gained 10.03% to close at 7.57.

The worst performers were Maanshan Fangyuan Slewing Ring Co Ltd (SZ:002147) which was down 10.04% to 9.68 in late trade, Wanda Cinema Line Corp (SZ:002739) which lost 10.00% to settle at 27.99 and Jiangsu Kangde Xin Composite Material Co Ltd (SZ:002450) which was down 9.99% to 15.31 at the close.

Declining stocks outnumbered rising ones by 866 to 539 and 65 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 30.26.

In commodities trading, Gold Futures for December delivery was up 0.22% or 2.70 to $1232.50 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.33% or 0.21 to hit $62.89 a barrel, while the January Brent oil contract fell 0.62% or 0.45 to trade at $72.72 a barrel.

USD/CNY was down 0.06% to 6.9219, while EUR/CNY rose 0.03% to 7.9002.

The US Dollar Index Futures was up 0.04% at 96.12.

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