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 Monday, as losses in the Travel & Leisure , Life Insurance and Technology Hardware & Equipment sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.71%, while the SZSE Component index lost 0.87%.

The biggest gainers of the session on the Shanghai Composite were Xining Special Steel Co Ltd (SS: 600117 ), which rose 10.14% or 0.350 points to trade at 3.800 at the close. Yunnan Coal & Energy Co Ltd (SS: 600792 ) added 10.10% or 0.290 points to end at 3.160 and Jiangsu Rutong Petro-Machinery Co Ltd (SS: 603036 ) was up 10.04% or 1.170 points to 12.820 in late trade.

Biggest losers included Jiangsu Sunshine Co Ltd (SS: 600220 ), which lost 9.09% or 0.240 points to trade at 2.400 in late trade. Sunny Loan Top Co Ltd (SS: 600830 ) declined 8.90% or 0.470 points to end at 4.810 and Beijing Tiantan Biological Products Corp Ltd (SS: 600161 ) shed 8.12% or 1.570 points to 17.770.

The top performers on the SZSE Component were Goldleaf Jewelry Co Ltd (SZ: 000587 ) which rose 10.04% to 3.07, Zhejiang Longsheng Auto Parts Co Ltd (SZ: 002625 ) which was up 9.96% to settle at 11.15 and Zhongshan Broad-Ocean Motor Co Ltd (SZ: 002249 ) which gained 9.90% to close at 4.44.

The worst performers were Beijing Thunisoft Co Ltd (SZ: 300271 ) which was down 10.00% to 13.95 in late trade, Shenzhen Kangtai Biological Products Co Ltd (SZ: 300601 ) which lost 9.98% to settle at 29.13 and Konfoong Materials International Co Ltd (SZ: 300666 ) which was down 9.96% to 36.88 at the close.

Declining stocks outnumbered rising ones by 959 to 441 and 80 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 21.31 a new 3-month low.

In commodities trading, Gold Futures for February delivery was up 0.17% or 2.25 to $1291.75 a troy ounce. Meanwhile, Crude oil for delivery in February fell 1.49% or 0.77 to hit $50.82 a barrel, while the March Brent oil contract fell 1.29% or 0.78 to trade at $59.70 a barrel.

USD/CNY was up 0.06% to 6.7666, while EUR/CNY rose 0.07% to 7.7581.

The US Dollar Index Futures was down 0.01% at 95.255.

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