Investing.com – China equities were lower at the close on Monday, as losses in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite declined 1.11%, while the SZSE Component index fell 1.72%.
The biggest gainers of the session on the Shanghai Composite were Qingsong (SS:600425), which rose 10.08% or 0.620 points to trade at 6.770 at the close. Huaxin Cement (SS:600801) added 10.03% or 0.900 points to end at 9.870 and Shaanxi Coal (SS:601225) was up 10.02% or 0.610 points to 6.700 in late trade.
Biggest losers included Ningbo Marine (SS:600798), which lost 10.05% or 0.840 points to trade at 7.520 in late trade. Ningbo Bird (SS:600130) declined 10.04% or 0.810 points to end at 7.260 and Fushun Steel (SS:600399) shed 10.04% or 1.110 points to 9.950.
The top performers on the SZSE Component were Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (SZ:000552) which rose 10.04% to 10.41, Zhejiang Huafon Spandex Co Ltd (SZ:002064) which was up 10.04% to settle at 8.11 and Beijing Yanjing Brewery Co Ltd (SZ:000729) which gained 10.02% to close at 9.77.
The worst performers were Shaanxi Fenghuo Electronics Co Ltd (SZ:000561) which was down 10.03% to 11.84 in late trade, Guizhou Xinbang Pharmaceutical Co Ltd (SZ:002390) which lost 10.03% to settle at 13.28 and Chongyi Zhangyuan Tungsten Co Ltd (SZ:002378) which was down 10.02% to 13.47 at the close.
Declining stocks outnumbered rising ones by 695 to 276 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.33% to 30.35.
In commodities trading, Gold for December delivery was down 0.06% or 0.70 to $1094.40 a troy ounce. Meanwhile, Crude oil for delivery in September fell 1.09% or 0.52 to hit $46.60 a barrel, while the September Brent oil contract fell 1.32% or 0.69 to trade at $51.52 a barrel.
USD/CNY was unchanged 0.00% to 6.2098, while EUR/CNY rose 0.02% to 6.8215.
The US Dollar Index was up 0.06% at 97.38.