China shares higher at close of trade; Shanghai Composite up 0.02%

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China shares higher at close of trade; Shanghai Composite up 0.02%
Credit: © Reuters.

Investing.com – China equities were higher at the close on Tuesday, as gains in the Oil Equipment Services & Distribution , Gas, Water & Multiutilities and Retailers sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.02% to hit a new 1-month high, while the SZSE Component index climbed 0.00%.

The biggest gainers of the session on the Shanghai Composite were Suzhou Douson Drilling & Production Equipment Co Ltd (SS: 603800 ), which rose 10.02% or 1.820 points to trade at 19.990 at the close. Chahua Modern Housewares Co Ltd (SS: 603615 ) added 10.01% or 1.32 points to end at 14.51 and GuangDong Super Telecom Co Ltd (SS: 603322 ) was up 10.00% or 3.210 points to 35.320 in late trade.

Biggest losers included Qian Jiang Water Resources Development Co Ltd (SS: 600283 ), which lost 5.63% or 0.770 points to trade at 12.900 in late trade. Future Land Holdings Co Ltd (SS: 601155 ) declined 4.78% or 1.530 points to end at 30.470 and Poly Real Estate Group Co Ltd (SS: 600048 ) shed 3.93% or 0.540 points to 13.210.

The top performers on the SZSE Component were Harbin Gloria Pharmaceuticals (SZ: 002437 ) which rose 10.02% to 6.26, Shaanxi J&R Fire Protection Co Ltd (SZ: 300116 ) which was up 7.49% to settle at 4.02 and Fujian Sunner Development Co Ltd (SZ: 002299 ) which gained 6.70% to close at 16.56.

The worst performers were Focused Photonics Hangzhou Inc (SZ: 300203 ) which was down 4.44% to 26.26 in late trade, Goldleaf Jewelry Co Ltd (SZ: 000587 ) which lost 3.57% to settle at 7.02 and Shenzhen Shenxin Taifeng Group Co Ltd (SZ: 000034 ) which was down 3.48% to 22.22 at the close.

Advancing stocks outnumbered falling ones by 714 to 583 and 83 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 20.68.

In commodities trading, Gold Futures for June delivery was down 0.05% or 0.70 to $1290.20 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.51% or 0.37 to hit $72.72 a barrel, while the July Brent oil contract rose 0.72% or 0.57 to trade at $79.79 a barrel.

USD/CNY was down 0.11% to 6.3754, while EUR/CNY fell 0.14% to 7.5156.

The US Dollar Index Futures was down 0.05% at 93.41.

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