China shares lower at close of trade; Shanghai Composite down 0.71%

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China shares lower at close of trade; Shanghai Composite down 0.71%
Credit: © Reuters.

Investing.com – China equities were lower at the close on Thursday, as losses in the Technology Hardware & Equipment , Technology and Life Insurance sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.71%, while the SZSE Component index fell 1.18%.

The biggest gainers of the session on the Shanghai Composite were Lotus Health Group Co (SS: 600186 ), which rose 10.24% or 0.210 points to trade at 2.260 at the close. Heilongjiang Interchina Water Treatment Co Ltd (SS: 600187 ) added 10.10% or 0.300 points to end at 3.270 and Tianjin Quanyechang Group Co Ltd (SS: 600821 ) was up 10.09% or 0.430 points to 4.690 in late trade.

Biggest losers included Great-Sun Foods Co Ltd (SS: 603336 ), which lost 9.93% or 2.960 points to trade at 26.850 in late trade. Shanghai Hile Bio Technology Co Ltd (SS: 603718 ) declined 8.90% or 1.200 points to end at 12.290 and BanBao Co Ltd (SS: 603398 ) shed 6.43% or 1.180 points to 17.180.

The top performers on the SZSE Component were Shaanxi J&R Fire Protection Co Ltd (SZ: 300116 ) which rose 10.04% to 2.52, Yinji Entertainment Media Co Ltd (SZ: 002143 ) which was up 9.94% to settle at 5.97 and Anhui Shengyun Environment-Protection Group Co Ltd (SZ: 300090 ) which gained 9.89% to close at 4.11.

The worst performers were Beijing SuperMap Software Co Ltd (SZ: 300036 ) which was down 8.65% to 22.06 in late trade, Suzhou Anjie Technology Co Ltd (SZ: 002635 ) which lost 6.75% to settle at 18.80 and Giant Network Group Co Ltd (SZ: 002558 ) which was down 6.12% to 19.48 at the close.

Declining stocks outnumbered rising ones by 728 to 648 and 46 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 22.00.

In commodities trading, Gold Futures for August delivery was down 0.37% or 4.50 to $1227.30 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.29% or 0.20 to hit $69.50 a barrel, while the September Brent oil contract rose 0.99% or 0.73 to trade at $74.66 a barrel.

USD/CNY was up 0.20% to 6.7832, while EUR/CNY rose 0.18% to 7.9554.

The US Dollar Index Futures was down 0.01% at 93.97.

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