Investing.com – China equities were mixed at the close on Tuesday, as gains in the Oil Equipment Services & Distribution, Software & Computer Services and Telecoms sectors propelled shares higher while losses in the Banking, Life Insurance and Gas, Water & Multiutilities sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 0.18% to hit a new 52-week low, while the SZSE Component index climbed 0.12%.
The biggest gainers of the session on the Shanghai Composite were ZhongTongGuoMai Communication Co Ltd (SS:603559), which rose 10.00% or 2.340 points to trade at 25.740 at the close. SEC Electric Machinery Co Ltd (SS:603988) added 10.00% or 1.26 points to end at 13.86 and GuangDong Super Telecom Co Ltd (SS:603322) was up 8.99% or 2.280 points to 27.650 in late trade.
Biggest losers included Nanjing Central Emporium Group Stocks Co Ltd (SS:600280), which lost 10.08% or 0.500 points to trade at 4.460 in late trade. Maanshan Iron & Steel Co Ltd (SS:600808) declined 10.05% or 0.410 points to end at 3.670 and Shandong Hualu Hengsheng Chemical Co Ltd (SS:600426) shed 10.01% or 1.620 points to 14.560.
The top performers on the SZSE Component were Taiya Shoes Co Ltd (SZ:002517) which rose 9.96% to 5.30, Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which was up 6.18% to settle at 21.12 and Ourpalm (SZ:300315) which gained 5.83% to close at 4.36.
The worst performers were Shandong Qixing Iron Tower Co Ltd (SZ:002359) which was down 9.98% to 9.74 in late trade, Sgis Songshan Co Ltd (SZ:000717) which lost 9.30% to settle at 6.44 and Hunan Valin Steel Co Ltd (SZ:000932) which was down 8.93% to 8.260 at the close.
Advancing stocks outnumbered falling ones by 748 to 588 and 108 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 24.70.
In commodities trading, Gold Futures for December delivery was up 0.19% or 2.30 to $1202.10 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.36% or 0.24 to hit $67.78 a barrel, while the November Brent oil contract rose 0.71% or 0.55 to trade at $77.92 a barrel.
USD/CNY was up 0.05% to 6.8582, while EUR/CNY rose 0.39% to 7.9803.
The US Dollar Index Futures was down 0.23% at 94.90.