Investing.com – China equities were lower at the close on Thursday, as losses in the Software & Computer Services, Technology and Gas, Water & Multiutilities sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite lost 3.44%, while the SZSE Component index lost 3.80%.
The biggest gainers of the session on the Shanghai Composite were Yueyang Paper (SS:600963), which rose 10.05% or 1.060 points to trade at 11.610 at the close. Huadian Energy (SS:600726) added 10.04% or 1.340 points to end at 14.690 and Taiyuan Chemic (SS:600281) was up 10.04% or 1.210 points to 13.260 in late trade.
Biggest losers included Guizhou Rope (SS:600992), which lost 10.02% or 2.120 points to trade at 19.040 in late trade. Sh Duolun (SS:600696) declined 10.01% or 1.760 points to end at 15.820 and Topsun Tech (SS:600771) shed 10.01% or 5.320 points to 47.850.
The top performers on the SZSE Component were Muyuan Foodstuff Co Ltd (SZ:002714) which rose 9.27% to 55.40, Hunan China Sun Pharma Machinery (SZ:300216) which was up 9.07% to settle at 49.30 and Jiaozuo Wanfang Aluminum (SZ:000612) which gained 6.37% to close at 12.85.
The worst performers were Shenzhen Huaqiang Industry Co Ltd (SZ:000062) which was down 10.00% to 66.62 in late trade, Shenzhen Fenda Technology Co Ltd (SZ:002681) which lost 10.00% to settle at 31.77 and Navinfo Co Ltd (SZ:002405) which was down 10.00% to 51.03 at the close.
Declining stocks outnumbered rising ones by 836 to 139 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.17% to 27.80 a new 1-month low.
In commodities trading, Gold for August delivery was up 0.27% or 3.20 to $1176.10 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.00% or 0.01 to hit $60.27 a barrel, while the August Brent oil contract rose 0.20% or 0.13 to trade at $63.62 a barrel.
USD/CNY was up 0.02% to 6.2084, while EUR/CNY rose 0.08% to 6.9609.
The US Dollar Index was down 0.02% at 95.42.