China shares higher at close of trade; Shanghai Composite up 1.36%

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China shares higher at close of trade; Shanghai Composite up 1.36%
Credit: © Reuters. – China equities were higher at the close on Tuesday, as gains in the Life Insurance , Technology Hardware & Equipment and Technology sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 1.36%, while the SZSE Component index added 1.86%.

The biggest gainers of the session on the Shanghai Composite were Ningbo Haitian Precision Machinery Co Ltd (SS: 601882 ), which rose 10.07% or 0.760 points to trade at 8.310 at the close. Pengqi Technology Development Co Ltd A (SS: 600614 ) added 10.07% or 0.590 points to end at 6.450 and Pengqi Technology Development Co Ltd B (SS: 900907 ) was up 10.05% or 0.044 points to 0.482 in late trade.

Biggest losers included Zhongchangmari (SS: 600242 ), which lost 9.99% or 1.650 points to trade at 14.870 in late trade. Wintime Energy Co Ltd (SS: 600157 ) declined 7.33% or 0.140 points to end at 1.770 and GuangDong Super Telecom Co Ltd (SS: 603322 ) shed 6.40% or 2.240 points to 32.760.

The top performers on the SZSE Component were Suzhou Victory Precision Manufacture Co Ltd (SZ: 002426 ) which rose 10.15% to 2.93, Hainan RuiZe New Building Material Co Ltd (SZ: 002596 ) which was up 10.06% to settle at 7.00 and Hytera Communications Corp Ltd (SZ: 002583 ) which gained 10.06% to close at 9.19.

The worst performers were Jiangsu Kangde Xin Composite Material Co Ltd (SZ: 002450 ) which was down 10.03% to 6.46 in late trade, Shenwu Environmental Tech (SZ: 300156 ) which lost 5.59% to settle at 3.55 and Zhongshan Broad-Ocean Motor Co Ltd (SZ: 002249 ) which was down 4.28% to 4.25 at the close.

Advancing stocks outnumbered falling ones by 1176 to 226 and 79 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was up 3.61% to 22.08.

In commodities trading, Gold Futures for February delivery was down 0.05% or 0.65 to $1290.65 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.31% or 0.66 to hit $51.17 a barrel, while the March Brent oil contract rose 1.14% or 0.67 to trade at $59.66 a barrel.

USD/CNY was down 0.23% to 6.7524, while EUR/CNY fell 0.16% to 7.7514.

The US Dollar Index Futures was down 0.04% at 95.172.

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