Investing.com – China stocks were higher after the close on Tuesday, as gains in the Travel & Leisure, Software & Computer Services and Technology sectors led shares higher.
At the close in Shanghai, the Shanghai Composite rose 0.11% to hit a new 3-year high, while the SZSE Component index climbed 0.16%.
The best performers of the session on the Shanghai Composite were Shandong Iron (SS:600022), which rose 10.11% or 0.380 points to trade at 4.140 at the close. Meanwhile, Sh Shenhua (SS:600653) added 10.07% or 0.460 points to end at 5.030 and Zhongyuan Exp (SS:600020) was up 10.07% or 0.540 points to 5.900 in late trade.
The worst performers of the session were Xin Nanyang (SS:600661), which fell 5.18% or 2.860 points to trade at 52.390 at the close. Yinge (SS:600069) declined 5.06% or 0.290 points to end at 5.440 and Central Empor (SS:600280) was down 4.94% or 0.970 points to 18.670.
The top performers on the SZSE Component were Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) which rose 10.03% to 9.54, Iflytek Co Ltd (SZ:002230) which was up 6.25% to settle at 51.00 and Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) which gained 5.16% to close at 4.28.
The worst performers were China Merchants Property Development Co Ltd (SZ:000024) which was down 3.24% to 27.46 in late trade, Financial Street Holdings Co Ltd (SZ:000402) which lost 2.48% to settle at 10.62 and China Vanke Co Ltd (SZ:000002) which was down 2.32% to 13.05 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 616 to 353.
Shares in Shandong Iron (SS:600022) rose to 3-year highs; up 10.11% or 0.380 to 4.140. Shares in Sh Shenhua (SS:600653) rose to 3-year highs; gaining 10.07% or 0.460 to 5.030. Shares in Zhongyuan Exp (SS:600020) rose to 3-year highs; rising 10.07% or 0.540 to 5.900. Shares in Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) rose to 52-week highs; rising 10.03% or 0.87 to 9.54. Shares in Iflytek Co Ltd (SZ:002230) rose to all time highs; up 6.25% or 3.00 to 51.00. Shares in Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) rose to 52-week highs; rising 5.16% or 0.21 to 4.28.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 0.09% to 21.20.
Gold for April delivery was down 0.02% or 0.20 to $1187.50 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in May fell 1.23% or 0.58 to hit $46.87 a barrel, while the May Brent Oil contract fell 0.45% or 0.25 to trade at $55.55 a barrel.
USD/CNY was down 0.09% to 6.2091, while EUR/CNY fell 0.22% to 6.7879.
The US Dollar Index was up 0.15% at 97.35.