Investing.com – China equities were higher at the close on Tuesday, as gains in the Gas, Water & Multiutilities, Travel & Leisure and Banking sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite rose 2.51% to hit a new 3-year high, while the SZSE Component index climbed 2.03%.
The biggest gainers of the session on the Shanghai Composite were Chutian Exp (SS:600035), which rose 10.07% or 0.540 points to trade at 5.900 at the close. Jangho Curtain (SS:601886) added 10.04% or 1.210 points to end at 13.260 and Yn Real Estate (SS:600239) was up 10.04% or 0.920 points to 10.080 in late trade.
Biggest losers included Boyuan Investm (SS:600656), which lost 5.07% or 0.310 points to trade at 5.810 in late trade. Star Material (SS:600299) declined 4.23% or 0.790 points to end at 17.880 and S Giti Tire (SS:600182) shed 2.78% or 0.600 points to 20.970.
The top performers on the SZSE Component were Iflytek Co Ltd (SZ:002230) which rose 8.39% to 60.70, Shan Dong Dong-E E-Jiao Co Ltd (SZ:000423) which was up 8.36% to settle at 48.60 and Ping An Bank Co Ltd (SZ:000001) which gained 6.06% to close at 16.81.
The worst performers were BYD Co Ltd (SZ:002594) which was down 1.56% to 60.39 in late trade, AVIC Aircraft Co Ltd (SZ:000768) which lost 0.93% to settle at 28.70 and Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) which was down 0.53% to 32.00 at the close.
Advancing stocks outnumbered falling ones by 825 to 144 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 6.60% to 24.38 a new 1-month high.
In commodities trading, Gold for June delivery was down 0.43% or 5.30 to $1213.30 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.10% or 0.57 to hit $51.56 a barrel, while the May Brent oil contract fell 1.32% or 0.77 to trade at $57.35 a barrel.
USD/CNY was down 0.08% to 6.1921, while EUR/CNY rose 0.42% to 6.7738.
The US Dollar Index was up 0.05% at 97.25.