Investing.com – China stocks were lower after the close on Tuesday, as losses in the Gas, Water & Multiutilities, Retailers and Technology Hardware & Equipment sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 1.26%, while the SZSE Component index declined 5.80%.
The best performers of the session on the Shanghai Composite were Minsheng Bank (SS:600016), which rose 10.05% or 0.980 points to trade at 10.730 at the close. Meanwhile, Cn Citic Bank (SS:601998) added 10.04% or 0.830 points to end at 9.100 and Cn Commu Cons (SS:601800) was up 10.03% or 1.360 points to 14.920 in late trade.
The worst performers of the session were Sichuan Expres (SS:601107), which fell 10.08% or 0.530 points to trade at 4.730 at the close. Js Sunshine (SS:600220) declined 10.07% or 0.570 points to end at 5.090 and Nanjing Steel (SS:600282) was down 10.07% or 0.440 points to 3.930.
The top performers on the SZSE Component were Ping An Bank Co Ltd (SZ:000001) which rose 5.55% to 14.65, Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which was up 3.21% to settle at 66.24 and Angang Steel Co Ltd (SZ:000898) which gained 2.75% to close at 5.97.
The worst performers were Luoniushan Co Ltd (SZ:000735) which was down 10.06% to 5.90 in late trade, Tianjin Jinbin Development (SZ:000897) which lost 10.06% to settle at 5.63 and Myhome Real Estate Development Group Co Ltd (SZ:000667) which was down 10.06% to 4.29 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 855 to 58.
Shares in Cn Citic Bank (SS:601998) rose to 3-years highs; rising 10.04% or 0.830 to 9.100.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 4.03% to 31.53.
Gold for August delivery was up 0.09% or 1.00 to $1167.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.02% or 0.01 to hit $53.00 a barrel, while the August Brent oil contract fell 0.04% or 0.03 to trade at $57.13 a barrel.
USD/CNY was unchanged 0.00% to 6.2092, while EUR/CNY fell 0.33% to 6.8418.
The US Dollar Index was up 0.28% at 96.70.