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China shares lower at close of trade; Shanghai Composite down 0.61%

Published 2018/12/27, 09:35
China shares lower at close of trade; Shanghai Composite down 0.61%
FTXIN4651020
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FTXIN4101020
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FTXIN410
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SSEC
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VXFXI
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600113
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600128
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600250
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600776
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600157
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SZI
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002242
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002061
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002085
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002739
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300001
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300450
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603660
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Investing.com – China equities were lower at the close on Thursday, as losses in the Gas, Water & Multiutilities, Technology Hardware & Equipment and Technology sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite declined 0.61% to hit a new 3-year low, while the SZSE Component index declined 1.02%.

The biggest gainers of the session on the Shanghai Composite were Wintime Energy Co Ltd (SS:600157), which rose 10.24% or 0.130 points to trade at 1.400 at the close. Zhe Jiang Dong Ri Ltd Co (SS:600113) added 10.04% or 0.670 points to end at 7.340 and Eastern Communications Co Ltd A (SS:600776) was up 10.02% or 0.950 points to 10.430 in late trade.

Biggest losers included Suzhou Keda Technology Co Ltd (SS:603660), which lost 10.00% or 1.870 points to trade at 16.830 in late trade. Jiangsu Holly Corp (SS:600128) declined 9.98% or 0.900 points to end at 8.120 and Nanjing Textiles Import & Export Corp Ltd (SS:600250) shed 9.22% or 0.820 points to 8.070.

The top performers on the SZSE Component were Wuxi Lead Auto Equipment Co Ltd (SZ:300450) which rose 6.18% to 29.40, Zhejiang Wanfeng Auto Wheel Co Ltd (SZ:002085) which was up 6.09% to settle at 7.49 and Joyoung Co Ltd (SZ:002242) which gained 5.43% to close at 16.50.

The worst performers were Zhejiang Jiangshan Chemical Co Ltd (SZ:002061) which was down 10.00% to 10.35 in late trade, Qingdao TGOOD Electric Co Ltd (SZ:300001) which lost 6.89% to settle at 16.61 and Wanda Cinema Line Corp (SZ:002739) which was down 6.84% to 21.26 at the close.

Declining stocks outnumbered rising ones by 1174 to 247 and 55 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 28.57.

In commodities trading, Gold Futures for February delivery was up 0.06% or 0.70 to $1270.45 a troy ounce. Meanwhile, Crude oil for delivery in February fell 1.95% or 0.91 to hit $45.70 a barrel, while the March Brent oil contract fell 2.10% or 1.16 to trade at $54.13 a barrel.

USD/CNY was down 0.09% to 6.8930, while EUR/CNY fell 0.30% to 7.8448.

The US Dollar Index Futures was down 0.17% at 96.412.

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