Chinese stocks closed lower on Thursday, ending a four-day winning streak, as commodity stocks slumped.

The benchmark Shanghai Composite Index went down 0.59 percent to close at 3,365.5 points while the Shenzhen Component Index closed 0.5 percent lower at 10,969.13 points.

Combined turnover on the two bourses stood at 628.7 billion yuan (about 96.32 billion U.S. dollars).

Commodity stocks, including nonferrous metals and coal shares, lost the most. Shanxi Xishan Coal and Electricity Power Co., for example, went down 3.43 percent.

Bucking the trend, companies in the real estate industry as well as recently listed firms saw their share prices jump. BGI Genomics, a gene sequencing firm listed on the Shenzhen Stock Exchange in mid-July, saw its shares up 8.62 percent.

China's stock market has been bullish lately, holding firmly above the 3,300-point mark, a level that had previously seen strong resistance.

While profit-taking by investors may put pressure on the market in the short term, the A-share market will continue to gain momentum in the long run, according to China Merchants Securities.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, ended a six-day winning streak, dropping 0.66 percent to close at 1,890.38 points.