China shares lower at close of trade; Shanghai Composite down 2.26%

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China shares lower at close of trade; Shanghai Composite down 2.26% – China equities were lower at the close on Tuesday, as losses in the Life Insurance , Technology Hardware & Equipment and Technology sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite lost 2.26%, while the SZSE Component index declined 2.24%.

The biggest gainers of the session on the Shanghai Composite were Shanghai Greencourt Investment Group Co Ltd A (SS: 600695 ), which rose 10.10% or 0.29 points to trade at 3.16 at the close. Shenyang Commercial City Co Ltd (SS: 600306 ) added 10.02% or 0.58 points to end at 6.37 and Wuhan Hanshang Group Co Ltd (SS: 600774 ) was up 10.02% or 1.040 points to 11.420 in late trade.

Biggest losers included Kangmei Pharmaceutical Co Ltd (SS: 600518 ), which lost 10.01% or 1.410 points to trade at 12.680 in late trade. Danhua Chemical Technology Co Ltd A (SS: 600844 ) declined 10.00% or 0.380 points to end at 3.420 and Xilinmen Furniture Co Ltd (SS: 603008 ) shed 10.00% or 1.230 points to 11.070.

The top performers on the SZSE Component were Shaanxi J&R Fire Protection Co Ltd (SZ: 300116 ) which rose 10.07% to 1.64, Sealand Securities Co Ltd (SZ: 000750 ) which was up 10.00% to settle at 3.52 and Beijing Originwater Technology (SZ: 300070 ) which gained 6.30% to close at 8.61.

The worst performers were Jiangsu Sanyou Group Co Ltd (SZ: 002044 ) which was down 10.01% to 13.21 in late trade, Wonders Information (SZ: 300168 ) which lost 9.96% to settle at 11.48 and Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ: 002304 ) which was down 9.61% to 109.90 at the close.

Declining stocks outnumbered rising ones by 1182 to 253 and 30 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 28.62.

In commodities trading, Gold Futures for December delivery was up 1.08% or 13.20 to $1234.40 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.25% or 0.17 to hit $69.00 a barrel, while the December Brent oil contract fell 0.69% or 0.55 to trade at $79.28 a barrel.

USD/CNY was down 0.12% to 6.9390, while EUR/CNY fell 0.10% to 7.9573.

The US Dollar Index Futures was down 0.07% at 95.68.

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