Investing.com – China equities were higher at the close on Tuesday, as gains in the Technology Hardware & Equipment, Technology and Retailers sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 2.02% to hit a new 3-year high, while the SZSE Component index gained 3.38%.
The biggest gainers of the session on the Shanghai Composite were Founder Tech (SS:600601), which rose 10.04% or 1.220 points to trade at 13.370 at the close. Wuchangyu (SS:600275) added 10.04% or 1.080 points to end at 11.840 and Guodian Nj (SS:600268) was up 10.04% or 1.300 points to 14.250 in late trade.
Biggest losers included Dazhong Trans B (SS:900903), which lost 3.34% or 0.064 points to trade at 1.854 in late trade. Huaye (SS:600240) declined 3.12% or 0.670 points to end at 20.820 and Minfeng Paper (SS:600235) shed 2.17% or 0.410 points to 18.480.
The top performers on the SZSE Component were AVIC Aircraft Co Ltd (SZ:000768) which rose 10.00% to 43.45, Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which was up 10.00% to settle at 44.55 and Suning Commerce Group Co Ltd (SZ:002024) which gained 9.99% to close at 21.91.
The worst performers were Leshi Internet Info Tech (SZ:300104) which was down 1.90% to 74.89 in late trade, Henan Shuanghui Investment & Development Co Ltd (SZ:000895) which lost 0.18% to settle at 27.24 and Suzhou Gold Mantis Construction Decoration Co Ltd (SZ:002081) which was unchanged 0% to 32.53 at the close.
Advancing stocks outnumbered falling ones by 878 to 85 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 5.80% to 29.71.
In commodities trading, Gold for August delivery was down 0.56% or 6.70 to $1198.20 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.04% or 0.03 to hit $59.70 a barrel, while the July Brent oil contract fell 0.40% or 0.27 to trade at $65.25 a barrel.
USD/CNY was up 0.08% to 6.2067, while EUR/CNY fell 0.55% to 6.7716.
The US Dollar Index was up 0.60% at 97.04.