Investing.com – China equities were lower at the close on Thursday, as losses in the Gas, Water & Multiutilities, Travel & Leisure and Oil Equipment Services & Distribution sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite lost 2.94% to hit a new 3-year low, while the SZSE Component index declined 2.41%.
The biggest gainers of the session on the Shanghai Composite were Wuxi New Hongtai Electrical Technology Co Ltd (SS:603016), which rose 10.02% or 1.400 points to trade at 15.370 at the close. Hangzhou XZB Tech Co Ltd (SS:603040) added 10.00% or 2.16 points to end at 23.76 and Guizhou Changzheng Tiancheng Holding Co Ltd (SS:600112) was up 9.90% or 0.300 points to 3.330 in late trade.
Biggest losers included Yangmei Chemical Co Ltd (SS:600691), which lost 10.14% or 0.280 points to trade at 2.480 in late trade. HeBei Jinniu Chemical Industry Co Ltd (SS:600722) declined 10.07% or 0.590 points to end at 5.270 and Nanning Department Store Co Ltd (SS:600712) shed 10.05% or 0.400 points to 3.580.
The top performers on the SZSE Component were Hemp Industrial Investment Co Ltd (SZ:002036) which rose 9.96% to 8.94, Leyard Optoelectronic (SZ:300296) which was up 4.11% to settle at 7.60 and Beijing Sanju Environmental (SZ:300072) which gained 3.41% to close at 10.91.
The worst performers were Shaanxi J&R Fire Protection Co Ltd (SZ:300116) which was down 10.19% to 1.41 in late trade, Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which lost 10.12% to settle at 1.51 and Xinjiang Machinery Research Inst (SZ:300159) which was down 10.06% to 5.72 at the close.
Declining stocks outnumbered rising ones by 1343 to 105 and 19 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 27.79.
In commodities trading, Gold Futures for December delivery was down 0.24% or 3.00 to $1224.40 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.20% or 0.14 to hit $69.61 a barrel, while the December Brent oil contract fell 0.41% or 0.33 to trade at $79.72 a barrel.
USD/CNY was up 0.13% to 6.9364, while EUR/CNY rose 0.19% to 7.9806.
The US Dollar Index Futures was up 0.02% at 95.37.