Investing.com – China stocks were higher after the close on Tuesday, as gains in the Telecoms, Mobile and Oil Equipment Services & Distribution sectors led shares higher.
At the close in Shanghai, the Shanghai Composite rose 1.62% to hit a new 1-month high, while the SZSE Component index added 1.63%.
The best performers of the session on the Shanghai Composite were Sichuan Road & Bridge Group Co Ltd (SS:600039), which rose 10.12% or 0.350 points to trade at 3.810 at the close. Meanwhile, Chongqing Construction Engineering Group Co Ltd (SS:600939) added 10.10% or 0.53 points to end at 5.78 and Shanghai Pudong Road & Bridge Construction Co Ltd (SS:600284) was up 10.10% or 0.500 points to 5.450 in late trade.
The worst performers of the session were Shanghai Zhongyida Co Ltd B (SS:900906), which fell 5.13% or 0.006 points to trade at 0.111 at the close. Shanghai Zhongyida Co Ltd A (SS:600610) declined 4.83% or 0.10 points to end at 1.97 and Huaneng Power International Inc (SS:600011) was down 4.69% or 0.370 points to 7.520.
The top performers on the SZSE Component were Beihai Yinhe Industry Investment Co Ltd (SZ:000806) which rose 10.13% to 4.13, Inner Mongolia Hotision Monsod (SZ:300355) which was up 10.10% to settle at 5.78 and Shenzhen Tagen Group Co Ltd (SZ:000090) which gained 10.07% to close at 6.34.
The worst performers were Shenzhen Kangtai Biological Products Co Ltd (SZ:300601) which was down 10.01% to 52.16 in late trade, Chaozhou Three-circle Group Co Ltd (SZ:300408) which lost 6.18% to settle at 25.36 and Changchun High & New Technology Industries Group Inc (SZ:000661) which was down 4.30% to 205.00 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1286 to 115 and 20 ended unchanged.
Shares in Shanghai Zhongyida Co Ltd B (SS:900906) fell to 5-year lows; falling 5.13% or 0.006 to 0.111. Shares in Shanghai Zhongyida Co Ltd A (SS:600610) fell to 5-year lows; down 4.83% or 0.10 to 1.97.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.94.
Gold Futures for August delivery was down 0.07% or 0.90 to $1224.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.07% or 0.05 to hit $67.84 a barrel, while the September Brent oil contract rose 0.07% or 0.05 to trade at $73.11 a barrel.
USD/CNY was up 0.17% to 6.8044, while EUR/CNY rose 0.24% to 7.9607.
The US Dollar Index Futures was down 0.08% at 94.34.