Investing.com – China equities were higher at the close on Tuesday, as gains in the Travel & Leisure, Software & Computer Services and Technology sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite rose 0.11% to hit a new 3-year high, while the SZSE Component index gained 0.16%.
The biggest gainers of the session on the Shanghai Composite were Shandong Iron (SS:600022), which rose 10.11% or 0.380 points to trade at 4.140 at the close. Sh Shenhua (SS:600653) added 10.07% or 0.460 points to end at 5.030 and Zhongyuan Exp (SS:600020) was up 10.07% or 0.540 points to 5.900 in late trade.
Biggest losers included Xin Nanyang (SS:600661), which lost 5.18% or 2.860 points to trade at 52.390 in late trade. Yinge (SS:600069) declined 5.06% or 0.290 points to end at 5.440 and Central Empor (SS:600280) shed 4.94% or 0.970 points to 18.670.
The top performers on the SZSE Component were Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) which rose 10.03% to 9.54, Iflytek Co Ltd (SZ:002230) which was up 6.25% to settle at 51.00 and Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) which gained 5.16% to close at 4.28.
The worst performers were China Merchants Property Development Co Ltd (SZ:000024) which was down 3.24% to 27.46 in late trade, Financial Street Holdings Co Ltd (SZ:000402) which lost 2.48% to settle at 10.62 and China Vanke Co Ltd (SZ:000002) which was down 2.32% to 13.05 at the close.
Declining stocks outnumbered rising ones by 616 to 353 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 0.09% to 21.20.
In commodities trading, Gold for April delivery was down 0.02% or 0.20 to $1187.50 a troy ounce. Meanwhile, Crude Oil for delivery in May fell 1.23% or 0.58 to hit $46.87 a barrel, while the May Brent Oil contract fell 0.45% or 0.25 to trade at $55.55 a barrel.
USD/CNY was down 0.09% to 6.2091, while EUR/CNY fell 0.22% to 6.7879.
The US Dollar Index was up 0.15% at 97.35.