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China stocks decline at end of session , Shanghai Composite plunges 5.23%

byCustoms Today Report
01/07/2015
in Uncategorized
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BEIJING: China stocks were lower after the close on Wednesday, as losses in the Gas, Water & Multiutilities, Travel & Leisure and Software & Computer Services sectors led shares lower.

At the close in Shanghai, the Shanghai Composite declined 5.23%, while the SZSE Component index lost 4.79%.

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The best performers of the session on the Shanghai Composite were Sz Expressway (SS:600548), which rose 10.06% or 0.860 points to trade at 9.410 at the close. Meanwhile, Chengtou Holdi (SS:600649) added 10.05% or 0.940 points to end at 10.290 and Gold Jade (SS:600086) was up 10.01% or 5.380 points to 59.150 in late trade.

The worst performers of the session were Hongxing Steel (SS:600307), which fell 10.06% or 0.680 points to trade at 6.080 at the close. Yasheng Indust (SS:600108) declined 10.04% or 1.040 points to end at 9.320 and Zijiang (SS:600210) was down 10.04% or 0.840 points to 7.530.

The top performers on the SZSE Component were Shenzhen Fenda Technology Co Ltd (SZ:002681) which rose 10.01% to 30.21, Shenwu Environmental Tech (SZ:300156) which was up 8.02% to settle at 46.98 and Xian International Medical Investment Co Ltd (SZ:000516) which gained 7.13% to close at 23.13.

 

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