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China stocks lower at close of trade; Shanghai Composite down 0.58%

Published 09/25/2018, 03:35 AM
Updated 09/25/2018, 03:35 AM
© Reuters.  China stocks lower at close of trade; Shanghai Composite down 0.58%

© Reuters. China stocks lower at close of trade; Shanghai Composite down 0.58%

Investing.com – China stocks were lower after the close on Tuesday, as losses in the Real Estate Investments & Services, Travel & Leisure and Financials sectors led shares lower.

At the close in Shanghai, the Shanghai Composite declined 0.58%, while the SZSE Component index fell 0.66%.

The best performers of the session on the Shanghai Composite were Dazhou Xingye Holding Co Ltd (SS:600603), which rose 10.10% or 0.410 points to trade at 4.470 at the close. Meanwhile, China Grand Automotive Services Co Ltd (SS:600297) added 10.02% or 0.590 points to end at 6.480 and Jiangsu SOPO Chemical Co Ltd (SS:600746) was up 9.98% or 0.500 points to 5.510 in late trade.

The worst performers of the session were Tianjin Tianhai Investment Co Ltd B (SS:900938), which fell 10.04% or 0.057 points to trade at 0.511 at the close. Tianjin Tianhai Investment Co Ltd A (SS:600751) declined 10.02% or 0.650 points to end at 5.840 and A-Zenith Home Furnishings Co Ltd (SS:603389) was down 10.01% or 1.540 points to 13.850.

The top performers on the SZSE Component were Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which rose 9.90% to 2.11, Shenzhen Hepalink Pharmaceutical Co Ltd (SZ:002399) which was up 8.11% to settle at 19.33 and Lianhe Chemical Technology Co Ltd (SZ:002250) which gained 7.19% to close at 8.05.

The worst performers were China Camc Engineering Co Ltd (SZ:002051) which was down 10.02% to 13.74 in late trade, Jiangsu Zhongnan Construction Group Co Ltd (SZ:000961) which lost 6.14% to settle at 6.27 and China Merchants Shekou Industrial Zone Holdings (SZ:001979) which was down 5.89% to 18.71 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 923 to 460 and 74 ended unchanged.

Shares in Tianjin Tianhai Investment Co Ltd B (SS:900938) fell to 52-week lows; down 10.04% or 0.057 to 0.511. Shares in Tianjin Tianhai Investment Co Ltd A (SS:600751) fell to 52-week lows; losing 10.02% or 0.650 to 5.840. Shares in China Camc Engineering Co Ltd (SZ:002051) fell to 52-week lows; losing 10.02% or 1.53 to 13.74.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.83.

Gold Futures for December delivery was down 0.07% or 0.80 to $1203.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.32% or 0.23 to hit $72.31 a barrel, while the December Brent oil contract rose 0.48% or 0.39 to trade at $80.92 a barrel.

USD/CNY was down 0.25% to 6.8619, while EUR/CNY rose 0.16% to 8.0686.

The US Dollar Index Futures was down 0.04% at 93.81.

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