Investing.com – China equities were lower at the close on Tuesday, as losses in the Gas, Water & Multiutilities, Retailers and Technology Hardware & Equipment sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite fell 1.26%, while the SZSE Component index fell 5.80%.
The biggest gainers of the session on the Shanghai Composite were Minsheng Bank (SS:600016), which rose 10.05% or 0.980 points to trade at 10.730 at the close. Cn Citic Bank (SS:601998) added 10.04% or 0.830 points to end at 9.100 and Cn Commu Cons (SS:601800) was up 10.03% or 1.360 points to 14.920 in late trade.
Biggest losers included Sichuan Expres (SS:601107), which lost 10.08% or 0.530 points to trade at 4.730 in late trade. Js Sunshine (SS:600220) declined 10.07% or 0.570 points to end at 5.090 and Nanjing Steel (SS:600282) shed 10.07% or 0.440 points to 3.930.
The top performers on the SZSE Component were Ping An Bank Co Ltd (SZ:000001) which rose 5.55% to 14.65, Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which was up 3.21% to settle at 66.24 and Angang Steel Co Ltd (SZ:000898) which gained 2.75% to close at 5.97.
The worst performers were Luoniushan Co Ltd (SZ:000735) which was down 10.06% to 5.90 in late trade, Tianjin Jinbin Development (SZ:000897) which lost 10.06% to settle at 5.63 and Myhome Real Estate Development Group Co Ltd (SZ:000667) which was down 10.06% to 4.29 at the close.
Declining stocks outnumbered rising ones by 855 to 58 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 4.03% to 31.53.
In commodities trading, Gold for August delivery was up 0.06% or 0.70 to $1167.30 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.07% or 0.04 to hit $52.98 a barrel, while the August Brent oil contract fell 0.08% or 0.04 to trade at $57.12 a barrel.
USD/CNY was unchanged 0.00% to 6.2092, while EUR/CNY fell 0.33% to 6.8418.
The US Dollar Index was up 0.28% at 96.70.