China shares lower at close of trade; Shanghai Composite down 0.85%

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China shares lower at close of trade; Shanghai Composite down 0.85%
Credit: © Reuters.

Investing.com – China equities were lower at the close on Tuesday, as losses in the Software & Computer Services , Technology and Technology Hardware & Equipment sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite declined 0.85%, while the SZSE Component index fell 0.91%.

The biggest gainers of the session on the Shanghai Composite were Guangdong Sitong Group Co Ltd (SS: 603838 ), which rose 10.02% or 1.02 points to trade at 11.20 at the close. Shanghai Hile Bio Technology Co Ltd (SS: 603718 ) added 10.02% or 0.930 points to end at 10.210 and GuangDong Super Telecom Co Ltd (SS: 603322 ) was up 10.00% or 4.090 points to 44.990 in late trade.

Biggest losers included Taiyuan Lionhead Cement Co Ltd (SS: 600539 ), which lost 9.99% or 1.510 points to trade at 13.610 in late trade. DELIXI XINJIANG Transportation Co Ltd (SS: 603032 ) declined 9.99% or 4.39 points to end at 39.56 and Lucky Film Co Ltd (SS: 600135 ) shed 5.85% or 0.660 points to 10.630.

The top performers on the SZSE Component were Qinghai Salt Lake Industry Co Ltd (SZ: 000792 ) which rose 7.06% to 14.41, Tianjin Zhonghuan Semiconductor Co Ltd (SZ: 002129 ) which was up 6.66% to settle at 10.89 and Chengdu Tianxing Instrument and Meter Co Ltd (SZ: 000710 ) which gained 6.62% to close at 56.17.

The worst performers were Shaanxi J&R Fire Protection Co Ltd (SZ: 300116 ) which was down 10.06% to 6.17 in late trade, Hengyi Petrochemical Co Ltd (SZ: 000703 ) which lost 10.00% to settle at 23.41 and Hunan China Sun Pharma Machinery (SZ: 300216 ) which was down 9.88% to 11.13 at the close.

Declining stocks outnumbered rising ones by 999 to 335 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 31.55 a new 1-month high.

In commodities trading, Gold Futures for June delivery was down 0.34% or 4.60 to $1342.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.33% or 0.21 to hit $63.22 a barrel, while the June Brent oil contract rose 0.40% or 0.27 to trade at $67.91 a barrel.

USD/CNY was up 0.12% to 6.2841, while EUR/CNY rose 0.33% to 7.7464.

The US Dollar Index Futures was down 0.12% at 89.58.

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