Investing.com – China equities were lower at the close on Thursday, as losses in the Oil Equipment Services & Distribution, Telecoms and Mobile sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite fell 0.91%, while the SZSE Component index fell 0.33%.
The biggest gainers of the session on the Shanghai Composite were Pearl River (SS:600684), which rose 10.05% or 1.000 points to trade at 10.950 at the close. Typical Ind (SS:600302) added 10.05% or 0.930 points to end at 10.180 and Dajiang-B (SS:900919) was up 10.04% or 0.050 points to 0.548 in late trade.
Biggest losers included Sanlian Comm (SS:600898), which lost 9.84% or 1.580 points to trade at 14.480 in late trade. Yangtze River (SS:600119) declined 8.61% or 2.400 points to end at 25.490 and Changzheng (SS:600112) shed 8.36% or 2.060 points to 22.570.
The top performers on the SZSE Component were Shan Dong Dong-E E-Jiao Co Ltd (SZ:000423) which rose 6.57% to 51.90, Financial Street Holdings Co Ltd (SZ:000402) which was up 6.06% to settle at 13.30 and Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) which gained 5.98% to close at 10.28.
The worst performers were Qinghai Salt Lake Industry Co Ltd (SZ:000792) which was down 4.19% to 28.15 in late trade, Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which lost 3.91% to settle at 86.01 and AVIC Aircraft Co Ltd (SZ:000768) which was down 3.88% to 26.52 at the close.
Declining stocks outnumbered rising ones by 690 to 272 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 21.77% to 29.65 a new 3-month high.
In commodities trading, Gold for June delivery was down 0.69% or 8.30 to $1194.80 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.50% or 0.76 to hit $51.17 a barrel, while the May Brent oil contract rose 1.52% or 0.84 to trade at $56.40 a barrel.
USD/CNY was up 0.05% to 6.2047, while EUR/CNY fell 0.22% to 6.6697.
The US Dollar Index was up 0.31% at 98.56.