China shares lower at close of trade; Shanghai Composite down 0.23%

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China shares lower at close of trade; Shanghai Composite down 0.23%
Credit: © Reuters.

Investing.com – China equities were lower at the close on Thursday, as losses in the Life Insurance , Real Estate Investments & Services and Financials sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.23%, while the SZSE Component index fell 0.18%.

The biggest gainers of the session on the Shanghai Composite were Henan Huanghe Whirlwind Co Ltd (SS: 600172 ), which rose 10.14% or 0.350 points to trade at 3.800 at the close. Anhui Jianghuai Automobile Group Corp Ltd (SS: 600418 ) added 10.08% or 0.48 points to end at 5.24 and Beihai Gofar Marine Biological Industry Co Ltd (SS: 600538 ) was up 10.07% or 0.420 points to 4.590 in late trade.

Biggest losers included A-Zenith Home Furnishings Co Ltd (SS: 603389 ), which lost 10.03% or 1.470 points to trade at 13.190 in late trade. Y.U.D. Yangtze River Investment Industry Co Ltd (SS: 600119 ) declined 9.59% or 1.020 points to end at 9.620 and Jiangxi Guotai Industrial Explosive Material Group Co Ltd (SS: 603977 ) shed 6.47% or 0.540 points to 7.810.

The top performers on the SZSE Component were Holitech Technology Co Ltd (SZ: 002217 ) which rose 10.08% to 5.460, Zhejiang Nhu Co Ltd (SZ: 002001 ) which was up 10.03% to settle at 16.23 and Yifan Xinfu Pharmaceutical Co Ltd (SZ: 002019 ) which gained 9.99% to close at 12.88.

The worst performers were Zhonghong Holding Co Ltd (SZ: 000979 ) which was down 10.20% to 0.44 in late trade, Jiangsu Shagang Co Ltd (SZ: 002075 ) which lost 10.02% to settle at 11.41 and Do-Fluoride Chemicals Co Ltd (SZ: 002407 ) which was down 5.18% to 13.18 at the close.

Declining stocks outnumbered rising ones by 754 to 638 and 81 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was down 5.77% to 30.22.

In commodities trading, Gold Futures for December delivery was up 0.07% or 0.80 to $1228.80 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.20% or 0.11 to hit $54.52 a barrel, while the January Brent oil contract fell 0.22% or 0.14 to trade at $63.34 a barrel.

USD/CNY was up 0.05% to 6.9307, while EUR/CNY rose 0.27% to 7.9065.

The US Dollar Index Futures was down 0.11% at 96.477.

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