Investing.com – China equities were lower at the close on Wednesday, as losses in the Technology Hardware & Equipment, Telecoms and Mobile sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite declined 0.37%, while the SZSE Component index fell 1.06%.
The biggest gainers of the session on the Shanghai Composite were Aokang Shoes (SS:603001), which rose 10.02% or 2.010 points to trade at 22.070 at the close. Changjiang Pu& (SS:600757) added 10.01% or 0.750 points to end at 8.240 and Harbin Pharm (SS:600664) was up 10.01% or 0.990 points to 10.880 in late trade.
Biggest losers included Yingkou Port (SS:600317), which lost 10.06% or 0.540 points to trade at 4.830 in late trade. Dalian Daxian (SS:600747) declined 10.06% or 0.510 points to end at 4.560 and Tianli Tech (SS:600339) shed 10.05% or 0.640 points to 5.730.
The top performers on the SZSE Component were Guangdong Electric Power Development Co Ltd (SZ:000539) which rose 10.07% to 8.09, Sungrow Power Supply Co Ltd (SZ:300274) which was up 10.03% to settle at 19.75 and Jiangling Motors Corp Ltd (SZ:000550) which gained 10.01% to close at 25.17.
The worst performers were Shanxi Taigang Stainless Steel Co Ltd (SZ:000825) which was down 10.04% to 4.30 in late trade, Zhejiang Jingxing Paper Joint Stock Co Ltd (SZ:002067) which lost 10.04% to settle at 5.11 and Anhui Huilong Agricultural Means of Production Co Ltd (SZ:002556) which was down 10.03% to 11.66 at the close.
Declining stocks outnumbered rising ones by 711 to 229 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 17.79% to 53.69.
In commodities trading, Gold for December delivery was up 0.11% or 1.30 to $1141.10 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.32% or 0.60 to hit $44.81 a barrel, while the October Brent oil contract fell 0.72% or 0.35 to trade at $49.20 a barrel.
USD/CNY was down 0.07% to 6.3600, while EUR/CNY fell 0.64% to 7.1540.
The US Dollar Index was up 0.37% at 95.74.