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China stocks mixed at close of trade; Shanghai Composite down 1.12%

Published 07/14/2015, 03:35 AM
Updated 07/14/2015, 03:35 AM
© Reuters.  China stocks mixed at close of trade; Shanghai Composite down 1.12%

Investing.com – China stocks were mixed after the close on Tuesday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares higher while losses in the Telecoms, Mobile and Oil Equipment Services & Distribution sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 1.12%, while the SZSE Component index gained 0.91%.

The best performers of the session on the Shanghai Composite were Hongxing Steel (SS:600307), which rose 10.13% or 0.400 points to trade at 4.350 at the close. Meanwhile, Tongling Jingd (SS:600577) added 10.08% or 0.530 points to end at 5.790 and Homey Aquatic (SS:600467) was up 10.08% or 0.650 points to 7.100 in late trade.

The worst performers of the session were Autom Instrume (SS:900928), which fell 10.02% or 0.194 points to trade at 1.742 at the close. Changchun Gas (SS:600333) declined 10.01% or 1.370 points to end at 12.320 and Hangshang (SS:600774) was down 10.01% or 2.300 points to 20.680.

The top performers on the SZSE Component were Zhuhai Port Co Ltd (SZ:000507) which rose 10.06% to 6.89, Yunnan luoping Zinc & Electricity Co Ltd (SZ:002114) which was up 10.05% to settle at 11.61 and Guomai Technologies Inc (SZ:002093) which gained 10.04% to close at 11.84.

The worst performers were An Hui Wenergy Co Ltd (SZ:000543) which was down 10.02% to 19.22 in late trade, Jiangsu Yuyue Medical Equipment & Supply Co Ltd (SZ:002223) which lost 10.00% to settle at 54.43 and Sinopec Shandong Taishan Petroleum Co Ltd (SZ:000554) which was down 9.98% to 11.72 at the close.

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Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 602 to 348.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 11.67% to 34.37.

Gold for August delivery was down 0.21% or 2.40 to $1153.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 2.10% or 1.09 to hit $51.10 a barrel, while the September Brent oil contract fell 1.55% or 0.90 to trade at $57.25 a barrel.

USD/CNY was up 0.01% to 6.2089, while EUR/CNY fell 0.11% to 6.8233.

The US Dollar Index was up 0.16% at 97.09.

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