Investing.com – China equities were higher at the close on Wednesday, as gains in the Travel & Leisure, Electricity and Oil Equipment Services & Distribution sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite added 2.48%, while the SZSE Component index added 1.66%.
The biggest gainers of the session on the Shanghai Composite were Sinovel Wind G (SS:601558), which rose 10.05% or 0.820 points to trade at 8.980 at the close. Lawton Develop (SS:600209) added 10.05% or 1.040 points to end at 11.390 and Guangshen Rail SS (SS:601333) was up 10.04% or 0.800 points to 8.770 in late trade.
Biggest losers included Chaodong Cem (SS:600318), which lost 10.01% or 3.750 points to trade at 33.730 in late trade. Sunyard (SS:600571) declined 10.00% or 15.190 points to end at 136.730 and Shidai Wanheng (SS:600241) shed 8.27% or 1.820 points to 20.190.
The top performers on the SZSE Component were Cofco Biochemical Anhui Co Ltd (SZ:000930) which rose 10.02% to 22.95, Jiaozuo Wanfang Aluminum (SZ:000612) which was up 10.02% to settle at 12.08 and COFCO Property Group Co Ltd (SZ:000031) which gained 10.02% to close at 22.50.
The worst performers were Shanghai Ganglian E Commerce (SZ:300226) which was down 10.00% to 117.90 in late trade, Navinfo Co Ltd (SZ:002405) which lost 10.00% to settle at 56.70 and Zhejiang DiAn Diagnostics Co (SZ:300244) which was down 4.85% to 97.99 at the close.
Advancing stocks outnumbered falling ones by 866 to 104 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 3.40% to 28.13 a new 1-month low.
In commodities trading, Gold for August delivery was down 0.20% or 2.40 to $1174.20 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.29% or 0.17 to hit $61.19 a barrel, while the August Brent oil contract rose 0.23% or 0.15 to trade at $64.60 a barrel.
USD/CNY was up 0.03% to 6.2084, while EUR/CNY rose 0.32% to 6.9537.
The US Dollar Index was down 0.17% at 95.44.