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China shares lower at close of trade; Shanghai Composite down 1.53%

Published 14/12/2018, 07:35
© Reuters.  China shares lower at close of trade; Shanghai Composite down 1.53%
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Investing.com – China equities were lower at the close on Friday, as losses in the Travel & Leisure, Technology Hardware & Equipment and Retailers sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite declined 1.53%, while the SZSE Component index fell 2.29%.

The biggest gainers of the session on the Shanghai Composite were Zhejiang Tuna Environmental Science & Technology Co Ltd (SS:603177), which rose 10.03% or 0.98 points to trade at 10.75 at the close. Poten Environment Group Co Ltd (SS:603603) added 10.02% or 1.49 points to end at 16.36 and Zhongchangmari (SS:600242) was up 9.99% or 1.430 points to 15.750 in late trade.

Biggest losers included Huayi Electric Co Ltd (SS:600290), which lost 9.25% or 0.430 points to trade at 4.220 in late trade. Shanghai Shibei Hi-Tech Co Ltd A (SS:600604) declined 8.31% or 0.60 points to end at 6.62 and Deluxe Family Co Ltd (SS:600503) shed 8.26% or 0.300 points to 3.330.

The top performers on the SZSE Component were Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which rose 5.62% to 5.64, Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (SZ:000766) which was up 3.67% to settle at 8.48 and Shenzhen Agricultural Products Co Ltd (SZ:000061) which gained 3.22% to close at 5.13.

The worst performers were Hualan Biological EngineeringInc (SZ:002007) which was down 10.01% to 34.25 in late trade, Shenzhen Shenxin Taifeng Group Co Ltd (SZ:000034) which lost 10.01% to settle at 14.03 and Jiangxi Boya Bio Pharma (SZ:300294) which was down 9.48% to 27.32 at the close.

Declining stocks outnumbered rising ones by 1345 to 107 and 23 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 25.26.

In commodities trading, Gold Futures for February delivery was down 0.32% or 3.95 to $1243.45 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.65% or 0.34 to hit $52.24 a barrel, while the February Brent oil contract fell 0.76% or 0.47 to trade at $60.98 a barrel.

USD/CNY was up 0.21% to 6.8959, while EUR/CNY rose 0.09% to 7.8256.

The US Dollar Index Futures was up 0.18% at 97.227.

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