Investing.com – China stocks were higher after the close on Tuesday, as gains in the Gas, Water & Multiutilities, Software & Computer Services and Technology sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 1.83% to hit a new 3-years high, while the SZSE Component index added 4.09%.
The best performers of the session on the Shanghai Composite were Baotou Steel (SS:600010), which rose 10.08% or 0.640 points to trade at 6.990 at the close. Meanwhile, Jihua Group (SS:601718) added 10.06% or 0.910 points to end at 9.960 and Changhong Elec (SS:600839) was up 10.04% or 0.670 points to 7.340 in late trade.
The worst performers of the session were Csr Corp (SS:601766), which fell 10.01% or 3.540 points to trade at 31.840 at the close. China Cnr (SS:601299) declined 10.00% or 3.760 points to end at 33.850 and Cn Railway Con (SS:601186) was down 8.12% or 2.110 points to 23.860.
The top performers on the SZSE Component were Leshi Internet Info Tech (SZ:300104) which rose 10.01% to 90.48, Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which was up 10.00% to settle at 100.63 and Changjiang Securities Co Ltd (SZ:000783) which gained 10.00% to close at 18.92.
The worst performers were Goertek Inc (SZ:002241) which was unchanged 0% to 33.48 in late trade, Chongqing Changan Automobile Co Ltd (SZ:000625) which unchanged 0% to settle at 20.29 and Iflytek Co Ltd (SZ:002230) which was unchanged 0% to 68.05 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 895 to 67.
Shares in Baotou Steel (SS:600010) rose to all time highs; rising 10.08% or 0.640 to 6.990. Shares in Jihua Group (SS:601718) rose to all time highs; gaining 10.06% or 0.910 to 9.960. Shares in Changhong Elec (SS:600839) rose to all time highs; rising 10.04% or 0.670 to 7.340. Shares in Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) rose to 52-week highs; up 10.00% or 9.15 to 100.63. Shares in Changjiang Securities Co Ltd (SZ:000783) rose to all time highs; rising 10.00% or 1.72 to 18.92. Shares in Iflytek Co Ltd (SZ:002230) unchanged to 52-week highs; unchanged 0% or 0 to 68.05.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 0.86% to 32.39.
Gold for June delivery was up 0.02% or 0.20 to $1193.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.76% or 0.44 to hit $57.44 a barrel, while the June Brent oil contract fell 0.65% or 0.41 to trade at $63.03 a barrel.
USD/CNY was unchanged 0.00% to 6.2019, while EUR/CNY fell 0.69% to 6.6116.
The US Dollar Index was up 0.52% at 98.67.