China stocks mixed at close of trade Shanghai Composite down 0.01%


(MENAFN- FxPro) China stocks were mixed after the close on Wednesday, as gains in the Gas, Water&Multiutilities, Media and Real Estate Investments&Services sectors led shares higher while losses in the Electricity, Oil Equipment Services&Distribution and Travel&Leisure sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.01%, while the SZSE Component index gained 0.30%.

The best performers of the session on the Shanghai Composite were Chongqing Stee (SS:601005), which rose 10.07% or 0.570 points to trade at 6.230 at the close. Meanwhile, Chixia Develop (SS:600533) added 10.06% or 0.890 points to end at 9.740 and Jiangnan Fiber (SS:600527) was up 10.04% or 1.130 points to 12.380 in late trade.

The worst performers of the session were Aucma (SS:600336), which fell 9.74% or 1.320 points to trade at 12.230 at the close. Suncreate Elec (SS:600990) declined 9.70% or 13.130 points to end at 122.280 and Shentong Metro (SS:600834) was down 8.43% or 2.510 points to 27.280.

The top performers on the SZSE Component were Leshi Internet Info Tech (SZ:300104) which rose 9.54% to 78.98, Zoomlion Heavy Industry Science and Technology Co Ltd (SZ:000157) which was up 5.70% to settle at 10.38 and Bank of Ningbo Co Ltd (SZ:002142) which gained 5.11% to close at 21.19.

The worst performers were AVIC Aircraft Co Ltd (SZ:000768) which was down 4.58% to 46.28 in late trade, Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) which lost 4.07% to settle at 11.80 and Zhejiang Dahua Technology Co Ltd (SZ:002236) which was down 4.00% to 43.90 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 533 to 414.

Shares in Chongqing Stee (SS:601005) rose to 3-years highs; gaining 10.07% or 0.570 to 6.230. Shares in Chixia Develop (SS:600533) rose to 3-years highs; gaining 10.06% or 0.890 to 9.740. Shares in Jiangnan Fiber (SS:600527) rose to all time highs; gaining 10.04% or 1.130 to 12.380. Shares in Zoomlion Heavy Industry Science and Technology Co Ltd (SZ:000157) rose to 52-week highs; rising 5.70% or 0.56 to 10.38. Shares in Bank of Ningbo Co Ltd (SZ:002142) rose to 52-week highs; up 5.11% or 1.03 to 21.19.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.96% to 30.57.

Gold for August delivery was down 0.33% or 4.00 to $1190.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.92% or 0.56 to hit $60.70 a barrel, while the July Brent oil contract fell 0.63% or 0.41 to trade at $65.08 a barrel.
USD/CNY was down 0.01% to 6.1975, while EUR/CNY fell 0.07% to 6.9063.
The US Dollar Index was down 0.02% at 95.98.


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