Investing.com – China equities were lower at the close on Tuesday, as losses in the Telecoms, Mobile and Travel & Leisure sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite fell 7.63% to hit a new 6-month low, while the SZSE Component index declined 7.04%.
The biggest gainers of the session on the Shanghai Composite were Cn Fortune Lan (SS:600340), which rose 8.34% or 1.850 points to trade at 24.040 at the close. Sh Intl Port (SS:600018) added 8.22% or 0.530 points to end at 6.980 and Shenqi Phar (SS:600613) was up 7.40% or 1.440 points to 20.900 in late trade.
Biggest losers included Hainan Airline (SS:600221), which lost 10.09% or 0.440 points to trade at 3.920 in late trade. Tianjin Dev SS (SS:600322) declined 10.08% or 0.500 points to end at 4.460 and Bj North Star (SS:601588) shed 10.08% or 0.530 points to 4.730.
The top performers on the SZSE Component were Goldleaf Jewelry Co Ltd (SZ:000587) which rose 5.50% to 18.80, Sichuan Jinlu Group Co Ltd (SZ:000510) which was up 4.99% to settle at 10.52 and Gree Electric Appliances Inc of Zhuhai (SZ:000651) which gained 1.52% to close at 17.41.
The worst performers were Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) which was down 10.10% to 3.65 in late trade, Angang Steel Co Ltd (SZ:000898) which lost 10.07% to settle at 5.09 and Jiangsu Sihuan Bioengineering Co Ltd (SZ:000518) which was down 10.06% to 4.83 at the close.
Declining stocks outnumbered rising ones by 935 to 18 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 44.16% to 58.40 a new 3-year high.
In commodities trading, Gold for December delivery was down 0.46% or 5.30 to $1148.30 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.97% or 0.76 to hit $38.99 a barrel, while the October Brent oil contract rose 1.96% or 0.83 to trade at $43.52 a barrel.
USD/CNY was up 0.20% to 6.4174, while EUR/CNY fell 0.36% to 7.4124.
The US Dollar Index was up 0.32% at 93.68.