Investing.com – China equities were lower at the close on Thursday, as losses in the Gas, Water & Multiutilities, Retailers and Utilities sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite fell 6.50%, while the SZSE Component index fell 6.19%.
The biggest gainers of the session on the Shanghai Composite were Zijin Mining (SS:601899), which rose 10.07% or 0.580 points to trade at 6.340 at the close. Js Future Land (SS:900950) added 10.05% or 0.107 points to end at 1.172 and Gong Da Tech (SS:600701) was up 10.03% or 1.740 points to 19.090 in late trade.
Biggest losers included Wuhan Steel (SS:600005), which lost 10.05% or 0.660 points to trade at 5.910 in late trade. Dongfeng Auto (SS:600006) declined 10.04% or 1.120 points to end at 10.040 and China East Air SS (SS:600115) shed 10.04% or 0.970 points to 8.690.
The top performers on the SZSE Component were BOE Technology Group Co Ltd (SZ:000725) which rose 4.45% to 5.16, Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) which was unchanged 0% to settle at 4.94 and Suzhou Gold Mantis Construction Decoration Co Ltd (SZ:002081) which unchanged 0% to close at 32.53.
The worst performers were Suning Commerce Group Co Ltd (SZ:002024) which was down 10.02% to 19.13 in late trade, Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) which lost 10.00% to settle at 45.18 and Huayi Brothers Media Corp (SZ:300027) which was down 10.00% to 42.11 at the close.
Declining stocks outnumbered rising ones by 870 to 83 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.66% to 30.76.
In commodities trading, Gold for August delivery was up 0.24% or 2.80 to $1189.30 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.03% or 0.02 to hit $57.49 a barrel, while the July Brent oil contract rose 0.26% or 0.16 to trade at $62.22 a barrel.
USD/CNY was down 0.03% to 6.1996, while EUR/CNY rose 0.12% to 6.7700.
The US Dollar Index was down 0.11% at 97.23.