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Stock Market

China stocks higher at close of trade; Shanghai Composite up 1.30%

Investing.com – China stocks were higher after the close on Tuesday, as gains in the Software&Computer Services, Technology and Technology

Investing.com – China stocks were higher after the close on Tuesday, as gains in the Software&Computer Services, Technology and Technology Hardware&Equipment sectors led shares higher.

At the close in Shanghai, the Shanghai Composite added 1.30% to hit a new 1-month high, while the SZSE Component index unchanged 0%.

The best performers of the session on the Shanghai Composite were EGing Photovoltaic Technology Co Ltd (SS:600537), which rose 10.17% or 0.300 points to trade at 3.250 at the close. Meanwhile, Beijing Jingyuntong Technology Co Ltd (SS:601908) added 10.06% or 0.330 points to end at 3.610 and Jiangsu Changjiang Electronics Technology Co Ltd (SS:600584) was up 10.01% or 0.890 points to 9.780 in late trade.

The worst performers of the session were Baocheng Inves (SS:600892), which fell 10.01% or 0.710 points to trade at 6.380 at the close. Y.U.D. Yangtze River Investment Industry Co Ltd (SS:600119) declined 9.93% or 0.600 points to end at 5.440 and Anhui Quanchai Engine Co Ltd (SS:600218) was down 8.35% or 0.680 points to 7.460.

The top performers on the SZSE Component were Huizhou Desay SV Automotive Co Ltd Class A (SZ:002920) which unchanged 0% to 21.45, Aerospace Hi-Tech Holding Group Co Ltd (SZ:000901) which was unchanged 0% to settle at 10.04 and Angang Steel Co Ltd Class A (SZ:000898) which unchanged 0% to close at 5.25.

The worst performers were Huizhou Desay SV Automotive Co Ltd Class A (SZ:002920) which was unchanged 0% to 21.45 in late trade, Aerospace Hi-Tech Holding Group Co Ltd (SZ:000901) which unchanged 0% to settle at 10.04 and Angang Steel Co Ltd Class A (SZ:000898) which was unchanged 0% to 5.25 at the close.

Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 0 to 0.

Shares in Baocheng Inves (SS:600892) fell to 5-year lows; falling 10.01% or 0.710 to 6.380. Shares in Y.U.D. Yangtze River Investment Industry Co Ltd (SS:600119) fell to 5-year lows; falling 9.93% or 0.600 to 5.440.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.76% to 21.26.

Gold Futures for April delivery was down 0.11% or 1.45 to $1317.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.31% or 0.17 to hit $54.73 a barrel, while the April Brent oil contract rose 0.29% or 0.18 to trade at $62.69 a barrel.

USD/CNY was unchanged 0% to 6.7448, while EUR/CNY fell 0.07% to 7.7059.

The US Dollar Index Futures was up 0.03% at 95.600.