Investing.com – China equities were lower at the close on Monday, as losses in the Life Insurance, Real Estate Investments & Services and Financials sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite declined 0.82%, while the SZSE Component index fell 1.41%.
The biggest gainers of the session on the Shanghai Composite were Eastern Communications Co Ltd A (SS:600776), which rose 10.06% or 0.640 points to trade at 7.000 at the close. G-bits Network Technology Xiamen Co Ltd (SS:603444) added 9.26% or 12.55 points to end at 148.01 and Zhejiang Shengyang Science & Technology Co Ltd (SS:603703) was up 7.51% or 0.670 points to 9.590 in late trade.
Biggest losers included Wintime Energy Co Ltd (SS:600157), which lost 10.18% or 0.170 points to trade at 1.500 in late trade. Liaoning SG Automotive Group Co Ltd (SS:600303) declined 10.00% or 0.470 points to end at 4.230 and Beijing Jingcheng Machinery Electric Co Ltd (SS:600860) shed 10.00% or 0.570 points to 5.130.
The top performers on the SZSE Component were Wuhu Shunrong Auto Parts Co Ltd (SZ:002555) which rose 8.64% to 12.58, Guangdong Eastone Century Technology Co Ltd (SZ:300310) which was up 7.00% to settle at 5.20 and Yintai Resources Co Ltd (SZ:000975) which gained 4.95% to close at 9.11.
The worst performers were Lepu Medical Tech Beijing (SZ:300003) which was down 10.01% to 24.19 in late trade, Zhejiang Longsheng Auto Parts Co Ltd (SZ:002625) which lost 10.01% to settle at 8.72 and Songcheng Performance Develop (SZ:300144) which was down 10.00% to 20.08 at the close.
Declining stocks outnumbered rising ones by 1119 to 321 and 37 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 27.90.
In commodities trading, Gold Futures for February delivery was up 0.02% or 0.30 to $1252.90 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.15% or 0.08 to hit $52.53 a barrel, while the February Brent oil contract rose 0.62% or 0.38 to trade at $62.05 a barrel.
USD/CNY was up 0.51% to 6.9097, while EUR/CNY rose 0.82% to 7.8996.
The US Dollar Index Futures was down 0.01% at 96.468.