China shares lower at close of trade; Shanghai Composite down 0.54%

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China shares lower at close of trade; Shanghai Composite down 0.54%
Credit: © Reuters. – China equities were lower at the close on Thursday, as losses in the Oil Equipment Services & Distribution , Technology Hardware & Equipment and Gas, Water & Multiutilities sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.54%, while the SZSE Component index lost 1.02%.

The biggest gainers of the session on the Shanghai Composite were Shandong Swan Cotton Industrial Machinery Stock Co Ltd (SS: 603029 ), which rose 10.03% or 1.440 points to trade at 15.790 at the close. Xinjiang Baihuacun Co Ltd (SS: 600721 ) added 10.03% or 0.580 points to end at 6.360 and Shanghai Hongda Mining Co Ltd (SS: 600532 ) was up 10.03% or 0.360 points to 3.950 in late trade.

Biggest losers included Tianjin Tianhai Investment Co Ltd A (SS: 600751 ), which lost 10.08% or 0.530 points to trade at 4.730 in late trade. Shandong Binzhou Bohai Piston Co Ltd (SS: 600960 ) declined 10.02% or 0.660 points to end at 5.930 and A-Zenith Home Furnishings Co Ltd (SS: 603389 ) shed 10.02% or 1.250 points to 11.220.

The top performers on the SZSE Component were Hualan Biological EngineeringInc (SZ: 002007 ) which rose 7.35% to 37.67, Wonders Information (SZ: 300168 ) which was up 5.33% to settle at 19.38 and Fujian Sunner Development Co Ltd (SZ: 002299 ) which gained 5.30% to close at 16.50.

The worst performers were Kyland Technology Co Ltd (SZ: 300353 ) which was down 9.89% to 10.20 in late trade, Enjoyor (SZ: 300020 ) which lost 9.79% to settle at 7.19 and Yinji Entertainment Media Co Ltd (SZ: 002143 ) which was down 9.33% to 3.40 at the close.

Declining stocks outnumbered rising ones by 1178 to 234 and 42 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.57.

In commodities trading, Gold Futures for December delivery was up 0.09% or 1.10 to $1200.20 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.27% or 0.91 to hit $72.48 a barrel, while the December Brent oil contract rose 1.13% or 0.91 to trade at $81.70 a barrel.

USD/CNY was down 0.05% to 6.8754, while EUR/CNY fell 0.34% to 8.0504.

The US Dollar Index Futures was up 0.29% at 94.15.

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