Investing.com – China stocks were lower after the close on Tuesday, as losses in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 3.82% to hit a new 52-week low, while the SZSE Component index fell 5.31%.
The best performers of the session on the Shanghai Composite were Zhongnongfa Seed Industry Group Co Ltd (SS:600313), which rose 10.10% or 0.290 points to trade at 3.160 at the close. Meanwhile, Beijing Sanyuan Foods Co Ltd (SS:600429) added 9.20% or 0.560 points to end at 6.650 and Zhengzhou Coal Industry & Electric Power Co Ltd (SS:600121) was up 6.77% or 0.270 points to 4.260 in late trade.
The worst performers of the session were Beiqi Foton Motor Co Ltd (SS:600166), which fell 10.14% or 0.210 points to trade at 1.860 at the close. Hongda (SS:600331) declined 10.14% or 0.290 points to end at 2.570 and Jiangsu SINOJIT Wind Energy Technology Co Ltd (SS:601218) was down 10.11% or 0.280 points to 2.490.
The top performers on the SZSE Component were Nationz Technologies Inc (SZ:300077) which rose 3.35% to 10.48, Hunan Dakang Pasture Farming Co Ltd (SZ:002505) which was up 2.73% to settle at 2.26 and Cofco Biochemical Anhui Co Ltd (SZ:000930) which gained 1.70% to close at 11.38.
The worst performers were Cangzhou Mingzhu Plastic Co Ltd (SZ:002108) which was down 10.08% to 4.46 in late trade, Ourpalm (SZ:300315) which lost 10.07% to settle at 3.93 and Shenzhen Yan Tian Port Holdings Co Ltd (SZ:000088) which was down 10.06% to 6.44 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1319 to 62 and 8 ended unchanged.
Shares in Beiqi Foton Motor Co Ltd (SS:600166) fell to 5-year lows; falling 10.14% or 0.210 to 1.860. Shares in Hongda (SS:600331) fell to 5-year lows; down 10.14% or 0.290 to 2.570. Shares in Jiangsu SINOJIT Wind Energy Technology Co Ltd (SS:601218) fell to all time lows; falling 10.11% or 0.280 to 2.490. Shares in Cangzhou Mingzhu Plastic Co Ltd (SZ:002108) fell to 5-year lows; falling 10.08% or 0.50 to 4.46. Shares in Ourpalm (SZ:300315) fell to 5-year lows; down 10.07% or 0.44 to 3.93. Shares in Shenzhen Yan Tian Port Holdings Co Ltd (SZ:000088) fell to 52-week lows; falling 10.06% or 0.72 to 6.44.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 18.62.
Gold Futures for August delivery was up 0.30% or 3.80 to $1283.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.75% or 0.49 to hit $65.20 a barrel, while the August Brent oil contract fell 0.81% or 0.61 to trade at $74.73 a barrel.
USD/CNY was up 0.47% to 6.4693, while EUR/CNY rose 0.16% to 7.4967.
The US Dollar Index Futures was up 0.16% at 94.56.