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China shares lower at close of trade; Shanghai Composite down 0.30%

Published 27/07/2018, 08:35
Updated 27/07/2018, 08:35
China shares lower at close of trade; Shanghai Composite down 0.30%

Investing.com – China equities were lower at the close on Friday, as losses in the Travel & Leisure, Media and Software & Computer Services sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.30%, while the SZSE Component index declined 0.60%.

The biggest gainers of the session on the Shanghai Composite were Shanghai Qiangsheng Holding Co Ltd (SS:600662), which rose 10.12% or 0.420 points to trade at 4.570 at the close. Tibet Tianlu Co Ltd (SS:600326) added 10.05% or 0.750 points to end at 8.210 and Nanning Department Store Co Ltd (SS:600712) was up 10.04% or 0.520 points to 5.700 in late trade.

Biggest losers included Zhengping Road & Bridge Construction Co Ltd (SS:603843), which lost 10.04% or 1.000 points to trade at 8.960 in late trade. Shanghai Hile Bio Technology Co Ltd (SS:603718) declined 10.00% or 1.230 points to end at 11.070 and Tengda Construction Group Co Ltd (SS:600512) shed 9.48% or 0.290 points to 2.770.

The top performers on the SZSE Component were Walvax BioTech (SZ:300142) which rose 9.99% to 21.35, Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was up 6.75% to settle at 2.69 and Beijing SL Pharmaceutical Co Ltd (SZ:002038) which gained 5.53% to close at 36.84.

The worst performers were Hand Enterprise Solutions Co (SZ:300170) which was down 9.91% to 13.45 in late trade, Anhui Shengyun Environment-Protection Group Co Ltd (SZ:300090) which lost 7.06% to settle at 3.82 and Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which was down 6.74% to 7.33 at the close.

Declining stocks outnumbered rising ones by 850 to 524 and 50 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 22.15.

In commodities trading, Gold Futures for August delivery was down 0.10% or 1.20 to $1224.50 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.20% or 0.14 to hit $69.47 a barrel, while the September Brent oil contract fell 0.09% or 0.07 to trade at $74.47 a barrel.

USD/CNY was up 0.16% to 6.8034, while EUR/CNY rose 0.26% to 7.9300.

The US Dollar Index Futures was down 0.14% at 94.44.

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