Investing.com – China equities were higher at the close on Tuesday, as gains in the Telecoms, Mobile and Oil Equipment Services & Distribution sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 1.62% to hit a new 1-month high, while the SZSE Component index climbed 1.63%.
The biggest gainers of the session on the Shanghai Composite were Sichuan Road & Bridge Group Co Ltd (SS:600039), which rose 10.12% or 0.350 points to trade at 3.810 at the close. Chongqing Construction Engineering Group Co Ltd (SS:600939) added 10.10% or 0.53 points to end at 5.78 and Shanghai Pudong Road & Bridge Construction Co Ltd (SS:600284) was up 10.10% or 0.500 points to 5.450 in late trade.
Biggest losers included Shanghai Zhongyida Co Ltd B (SS:900906), which lost 5.13% or 0.006 points to trade at 0.111 in late trade. Shanghai Zhongyida Co Ltd A (SS:600610) declined 4.83% or 0.10 points to end at 1.97 and Huaneng Power International Inc (SS:600011) shed 4.69% or 0.370 points to 7.520.
The top performers on the SZSE Component were Beihai Yinhe Industry Investment Co Ltd (SZ:000806) which rose 10.13% to 4.13, Inner Mongolia Hotision Monsod (SZ:300355) which was up 10.10% to settle at 5.78 and Shenzhen Tagen Group Co Ltd (SZ:000090) which gained 10.07% to close at 6.34.
The worst performers were Shenzhen Kangtai Biological Products Co Ltd (SZ:300601) which was down 10.01% to 52.16 in late trade, Chaozhou Three-circle Group Co Ltd (SZ:300408) which lost 6.18% to settle at 25.36 and Changchun High & New Technology Industries Group Inc (SZ:000661) which was down 4.30% to 205.00 at the close.
Advancing stocks outnumbered falling ones by 1286 to 115 and 20 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 22.94.
In commodities trading, Gold Futures for August delivery was down 0.06% or 0.70 to $1224.90 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.12% or 0.08 to hit $67.81 a barrel, while the September Brent oil contract rose 0.01% or 0.01 to trade at $73.07 a barrel.
USD/CNY was up 0.18% to 6.8050, while EUR/CNY rose 0.23% to 7.9599.
The US Dollar Index Futures was down 0.08% at 94.34.