China shares higher at close of trade; Shanghai Composite up 0.91%

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China shares higher at close of trade; Shanghai Composite up 0.91%
Credit: © Reuters.

Investing.com – China equities were higher at the close on Tuesday, as gains in the Telecoms , Mobile and Travel & Leisure sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite gained 0.91%, while the SZSE Component index climbed 1.38%.

The biggest gainers of the session on the Shanghai Composite were Xiamen XGMA Machinery Co Ltd (SS: 600815 ), which rose 10.12% or 0.410 points to trade at 4.460 at the close. Shanghai Laiyifen Co Ltd (SS: 603777 ) added 10.02% or 1.740 points to end at 19.100 and Chongqing Wanli New Energy Co Ltd (SS: 600847 ) was up 10.02% or 1.240 points to 13.620 in late trade.

Biggest losers included Henan Rebecca Hair Products Co Ltd (SS: 600439 ), which lost 10.00% or 0.530 points to trade at 4.770 in late trade. Shenji Group Kunming Machine Tool Co Ltd (SS: 600806 ) declined 10.00% or 0.250 points to end at 2.250 and Changyuan Group Ltd (SS: 600525 ) shed 9.99% or 1.600 points to 14.420.

The top performers on the SZSE Component were Cofco Biochemical Anhui Co Ltd (SZ: 000930 ) which rose 10.01% to 10.88, Hangzhou Tigermed Consulting (SZ: 300347 ) which was up 10.01% to settle at 60.67 and Shenwu Environmental Tech (SZ: 300156 ) which gained 9.97% to close at 8.38.

The worst performers were Hunan China Sun Pharma Machinery (SZ: 300216 ) which was down 10.05% to 7.52 in late trade, Betta Pharmaceuticals Co Ltd (SZ: 300558 ) which lost 4.46% to settle at 62.77 and Tianjin Chase Sun Pharmaceutical Co Ltd (SZ: 300026 ) which was down 4.24% to 3.84 at the close.

Advancing stocks outnumbered falling ones by 986 to 334 and 65 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 19.40.

In commodities trading, Gold Futures for August delivery was down 0.08% or 1.00 to $1302.20 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.51% or 0.34 to hit $66.44 a barrel, while the August Brent oil contract rose 0.37% or 0.28 to trade at $76.74 a barrel.

USD/CNY was down 0.02% to 6.4005, while EUR/CNY rose 0.14% to 7.5541.

The US Dollar Index Futures was down 0.04% at 93.52.

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