China shares lower at close of trade; Shanghai Composite down 1.14%

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China shares lower at close of trade; Shanghai Composite down 1.14%
Credit: © Reuters.

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

At the close in Shanghai, the Shanghai Composite lost 1.14%, while the SZSE Component index declined 1.45%.

The biggest gainers of the session on the Shanghai Composite were DELIXI XINJIANG Transportation Co Ltd (SS: 603032 ), which rose 10.00% or 1.75 points to trade at 19.25 at the close. Zhonglu Co Ltd A (SS: 600818 ) added 9.97% or 1.120 points to end at 12.350 and GuangZhou Baiyun Electric Equipment Co Ltd (SS: 603861 ) was up 9.96% or 0.950 points to 10.490 in late trade.

Biggest losers included Xinjiang Tianye Co Ltd (SS: 600075 ), which lost 9.98% or 0.65 points to trade at 5.86 in late trade. Linewell Software Co Ltd (SS: 603636 ) declined 8.90% or 0.880 points to end at 9.010 and Qingdao Copton Technology Co Ltd (SS: 603798 ) shed 8.35% or 1.030 points to 11.300.

The top performers on the SZSE Component were Hisense Kelon Electrical Holdings Co Ltd (SZ: 000921 ) which rose 10.03% to 8.67, Oceanwide Holdings Co Ltd (SZ: 000046 ) which was up 6.03% to settle at 5.80 and Jilin Liyuan Precision Manufacturing Co Ltd (SZ: 002501 ) which gained 4.51% to close at 3.94.

The worst performers were Palm Landscape Architecture Co Ltd (SZ: 002431 ) which was down 9.99% to 6.04 in late trade, Sichuan Danfu Compressor Co Ltd (SZ: 002366 ) which lost 9.98% to settle at 11.01 and Fujian Guanfu Modern Household Wares Co Ltd (SZ: 002102 ) which was down 9.95% to 3.62 at the close.

Declining stocks outnumbered rising ones by 1183 to 217 and 44 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was down 1.18% to 20.97.

In commodities trading, Gold Futures for December delivery was down 0.13% or 1.60 to $1209.90 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.39% or 0.27 to hit $69.78 a barrel, while the November Brent oil contract rose 0.31% or 0.24 to trade at $77.70 a barrel.

USD/CNY was up 0.18% to 6.8333, while EUR/CNY rose 0.18% to 8.0003.

The US Dollar Index Futures was up 0.01% at 94.47.

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