China stocks lower at close of trade; Shanghai Composite down 0.18%

Introduction

China stocks were lower after the close on Monday, as losses in the Oil Equipment Services & Distribution, Media and Telecoms sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.18%, while the SZSE Component index lost 0.08%.

The best performers of the session on the Shanghai Composite were Chongqing Dima Industry Co Ltd (SS:600565). They rose 10.14% or 0.280 points to trade at 3.040 at the close. Meanwhile, Beijing Bashi Media Co Ltd (SS:600386) added 10.13% or 0.390 points to end at 4.240. Also Zhejiang Jiaao Enprotech Stock Co Ltd (SS:603822) was up 10.01% or 2.590 points to 28.460 in late trade.

The worst performers of the session were Xinhua Winshare Publishing and Media Co Ltd (SS:601811). They fell 9.99% or 1.350 points to trade at 12.170 at the close. ARTS Group Co Ltd (SS:603017) declined 9.99% or 1.640 points to end at 14.770. AlsoGuizhou Changzheng Tiancheng Holding Co Ltd (SS:600112) was down 9.95% or 0.400 points to 3.620.

The top performers on the SZSE Component were Risen Energy (SZ:300118) which rose 10.03% to 7.13, Xinjiang Goldwind Science & Technology Co Ltd Class A (SZ:002202) which was up 9.93% to settle at 13.06 and Better Life Commercial Chain Share Co Ltd (SZ:002251) which gained 6.76% to close at 9.00.

The worst performers were Kyland Technology Co Ltd (SZ:300353) which was down 10.00% to 8.82 in late trade, Suzhou Victory Precision Manufacture Co Ltd (SZ:002426) which lost 9.82% to settle at 2.48 and Beihai Yinhe Industry Investment Co Ltd (SZ:000806) which was down 9.69% to 3.54 at the close.

Conclusion

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 967 to 453 and 65 ended unchanged.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.37.

Gold Futures for February delivery was up 0.21% or 2.75 to $1300.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.34% or 0.72 to hit $52.97 a barrel, while the April Brent oil contract fell 1.22% or 0.75 to trade at $60.84 a barrel.

USD/CNY was down 0.14% to 6.7351, while EUR/CNY fell 0.09% to 7.6861.

The US Dollar Index Futures was down 0.01% at 95.460.

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