China shares higher at close of trade; Shanghai Composite up 1.82%

Investing.com – China equities were higher at the close on Tuesday, as gains in the Life Insurance , Software & Computer Services and Retailers sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 1.82%, while the SZSE Component index climbed 1.67%.

The biggest gainers of the session on the Shanghai Composite were Hefei Metalforming Intelligent Manufacturing Co Ltd (SS: 603011 ), which rose 10.09% or 0.46 points to trade at 5.02 at the close. Shanghai Hile Bio Technology Co Ltd (SS: 603718 ) added 10.07% or 0.720 points to end at 7.870 and Liuzhou Iron & Steel Co Ltd (SS: 601003 ) was up 10.07% or 0.720 points to 7.870 in late trade.

Biggest losers included Sichuan Golden Summit Group Joint Stock Co Ltd (SS: 600678 ), which lost 9.96% or 1.020 points to trade at 9.220 in late trade. Zhongzai Resources and Environment Co Ltd (SS: 600217 ) declined 9.95% or 0.61 points to end at 5.52 and DELIXI XINJIANG Transportation Co Ltd (SS: 603032 ) shed 5.47% or 1.50 points to 25.91.

The top performers on the SZSE Component were Yinji Entertainment Media Co Ltd (SZ: 002143 ) which rose 10.06% to 3.94, Zhejiang Huace Film TV Co (SZ: 300133 ) which was up 10.02% to settle at 10.10 and Beijing Shunxin Agriculture Co Ltd (SZ: 000860 ) which gained 9.34% to close at 42.60.

The worst performers were Chuying Agro-Pastoral Group Co Ltd (SZ: 002477 ) which was down 10.04% to 2.15 in late trade, Xinzhi Motor Co Ltd (SZ: 002664 ) which lost 10.00% to settle at 12.60 and Meisheng Cultural & Creative Corp Ltd (SZ: 002699 ) which was down 9.88% to 9.94 at the close.

Advancing stocks outnumbered falling ones by 1321 to 102 and 29 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 23.82.

In commodities trading, Gold Futures for December delivery was down 0.32% or 3.90 to $1201.90 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.22% or 0.15 to hit $68.53 a barrel, while the November Brent oil contract fell 0.38% or 0.30 to trade at $77.75 a barrel.

USD/CNY was up 0.02% to 6.8591, while EUR/CNY rose 0.07% to 8.0175.

The US Dollar Index Futures was up 0.02% at 94.11.