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China shares lower at close of trade; Shanghai Composite down 2.67%

Stock Markets Sep 14, 2015 08:35
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© Reuters. China shares lower at close of trade; Shanghai Composite down 2.67%

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 lost 2.67%, while the SZSE Component index declined 6.55%.

The biggest gainers of the session on the Shanghai Composite were Fenglin Wood (SS:601996), which rose 10.06% or 0.680 points to trade at 7.440 at the close. Ccs Supply Cha (SS:600180) added 10.03% or 1.560 points to end at 17.120 and Sany (SS:600031) was up 10.03% or 0.660 points to 7.240 in late trade.

Biggest losers included Vantone Estate (SS:600246), which lost 10.08% or 0.490 points to trade at 4.370 in late trade. Sinovel Wind G (SS:601558) declined 10.08% or 0.400 points to end at 3.570 and Hi-Tech Devlp (SS:600082) shed 10.07% or 0.550 points to 4.910.

The top performers on the SZSE Component were Zhejiang Jolly Pharmaceutical Co Ltd (SZ:300181) which rose 10.07% to 8.42, East China Engineering Science and Technology Co Ltd (SZ:002140) which was up 9.99% to settle at 18.17 and Zhejiang Wanfeng Auto Wheel Co Ltd (SZ:002085) which gained 9.94% to close at 19.47.

The worst performers were Hebei Iron and Steel Co Ltd (SZ:000709) which was down 10.10% to 3.47 in late trade, Tianjin Jinbin Development (SZ:000897) which lost 10.08% to settle at 4.37 and Guangdong Baolihua New Energy Stock Co LTD (SZ:000690) which was down 10.05% to 7.25 at the close.

Declining stocks outnumbered rising ones by 879 to 76 on the Shanghai Stock Exchange.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.67% to 47.71.

In commodities trading, Gold for December delivery was up 0.30% or 3.30 to $1106.60 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.27% or 0.12 to hit $44.51 a barrel, while the November Brent oil contract fell 0.77% or 0.38 to trade at $48.66 a barrel.

USD/CNY was down 0.09% to 6.3690, while EUR/CNY rose 0.05% to 7.2281.

The US Dollar Index was down 0.12% at 95.26.

China shares lower at close of trade; Shanghai Composite down 2.67%
 

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