Investing.com – China stocks were lower after the close on Tuesday, as losses in the Oil Equipment Services & Distribution, Telecoms and Mobile sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 0.99%, while the SZSE Component index fell 0.25%.
The best performers of the session on the Shanghai Composite were Shixian Paper (SS:600462), which rose 10.04% or 0.850 points to trade at 9.320 at the close. Meanwhile, Qingsong (SS:600425) added 10.01% or 0.810 points to end at 8.900 and Chengfa Tech (SS:600391) was up 10.01% or 4.030 points to 44.300 in late trade.
The worst performers of the session were Zz Mining Mach (SS:601717), which fell 5.31% or 0.510 points to trade at 9.100 at the close. Xiamen Xgma (SS:600815) declined 5.06% or 0.680 points to end at 12.760 and Boyuan Investm (SS:600656) was down 5.05% or 0.380 points to 7.140.
The top performers on the SZSE Component were Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) which rose 7.01% to 30.70, Zhejiang Dahua Technology Co Ltd (SZ:002236) which was up 5.64% to settle at 36.55 and Midea Group Co Ltd (SZ:000333) which gained 4.47% to close at 32.95.
The worst performers were Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which was down 4.71% to 38.45 in late trade, Shenzhen Overseas Chinese Town Co Ltd (SZ:000069) which lost 3.79% to settle at 9.65 and Zoomlion Heavy Industry Science and Technology Co Ltd (SZ:000157) which was down 3.17% to 7.32 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 654 to 312.
Shares in Shixian Paper (SS:600462) rose to all time highs; up 10.04% or 0.850 to 9.320. Shares in Qingsong (SS:600425) rose to 3-year highs; gaining 10.01% or 0.810 to 8.900. Shares in Chengfa Tech (SS:600391) rose to all time highs; up 10.01% or 4.030 to 44.300. Shares in Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) rose to all time highs; up 7.01% or 2.01 to 30.70. Shares in Zhejiang Dahua Technology Co Ltd (SZ:002236) rose to 52-week highs; up 5.64% or 1.95 to 36.55.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 16.39% to 23.93 a new 1-month high.
Gold for June delivery was down 0.38% or 4.50 to $1180.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.59% or 0.78 to hit $47.91 a barrel, while the May Brent oil contract fell 1.17% or 0.66 to trade at $55.63 a barrel.
USD/CNY was down 0.14% to 6.1975, while EUR/CNY fell 0.63% to 6.6721.
The US Dollar Index was up 0.37% at 98.67.