China shares higher at close of trade; Shanghai Composite up 0.44%

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China shares higher at close of trade; Shanghai Composite up 0.44%
Credit: © Reuters.

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

At the close in Shanghai, the Shanghai Composite added 0.44%, while the SZSE Component index climbed 0.49%.

The biggest gainers of the session on the Shanghai Composite were Shanghai Hongda Mining Co Ltd (SS: 600532 ), which rose 10.14% or 0.370 points to trade at 4.020 at the close. Sichuan Western Resources Holding Co Ltd (SS: 600139 ) added 10.12% or 0.410 points to end at 4.460 and Well Lead Medical Co Ltd (SS: 603309 ) was up 10.03% or 1.18 points to 12.95 in late trade.

Biggest losers included Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS: 600165 ), which lost 9.98% or 1.200 points to trade at 10.830 in late trade. Huayi Electric Co Ltd (SS: 600290 ) declined 9.95% or 0.730 points to end at 6.610 and Zhengping Road & Bridge Construction Co Ltd (SS: 603843 ) shed 5.83% or 0.480 points to 7.760.

The top performers on the SZSE Component were China West Construction Group Co Ltd (SZ: 002302 ) which rose 10.03% to 11.52, All Winner Technology Co Ltd (SZ: 300458 ) which was up 9.98% to settle at 19.40 and Tibet Mineral Development Co Ltd (SZ: 000762 ) which gained 9.97% to close at 10.37.

The worst performers were Yinji Entertainment Media Co Ltd (SZ: 002143 ) which was down 10.02% to 9.79 in late trade, Beijing Lanxum Tech Co (SZ: 300010 ) which lost 10.00% to settle at 10.44 and Xingyuan Environment Technology Co Ltd (SZ: 300266 ) which was down 9.98% to 9.56 at the close.

Advancing stocks outnumbered falling ones by 1001 to 335 and 76 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 24.04.

In commodities trading, Gold Futures for August delivery was down 0.19% or 2.40 to $1257.20 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.42% or 0.31 to hit $74.16 a barrel, while the September Brent oil contract rose 0.67% or 0.52 to trade at $78.59 a barrel.

USD/CNY was down 0.02% to 6.6146, while EUR/CNY fell 0.06% to 7.7699.

The US Dollar Index Futures was up 0.07% at 93.87.

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