Investing.com – China equities were higher at the close on Wednesday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite rose 0.80%, while the SZSE Component index added 0.92%.
The biggest gainers of the session on the Shanghai Composite were Keda Group Co Ltd (SS:600986), which rose 10.05% or 1.000 points to trade at 10.950 at the close. China National Software & Service Co Ltd (SS:600536) added 10.01% or 1.690 points to end at 18.580 and Xiangtan Electric Manufacturing Co Ltd (SS:600416) was up 10.01% or 1.040 points to 11.430 in late trade.
Biggest losers included Shanghai LongYun Advertising & Media Co Ltd (SS:603729), which lost 10.00% or 6.20 points to trade at 55.77 in late trade. Harbin Air Conditioning Co Ltd (SS:600202) declined 9.99% or 0.800 points to end at 7.210 and Hainan Haiqi Transportation Group Co Ltd (SS:603069) shed 9.96% or 1.360 points to 12.290.
The top performers on the SZSE Component were Shenzhen Kaifa Technology Co Ltd (SZ:000021) which rose 10.06% to 9.41, Taiji Computer Corp Ltd (SZ:002368) which was up 10.01% to settle at 35.07 and Apex Technology Co Ltd (SZ:002180) which gained 10.01% to close at 31.65.
The worst performers were Beijing Sanju Environmental (SZ:300072) which was down 6.39% to 26.50 in late trade, Hunan China Sun Pharma Machinery (SZ:300216) which lost 5.61% to settle at 10.44 and BOE Technology Group Co Ltd (SZ:000725) which was down 4.91% to 4.650 at the close.
Advancing stocks outnumbered falling ones by 933 to 378 and 53 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 0.04% to 23.96.
In commodities trading, Gold Futures for June delivery was down 0.16% or 2.20 to $1347.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.80% or 0.53 to hit $67.05 a barrel, while the June Brent oil contract rose 0.78% or 0.56 to trade at $72.14 a barrel.
USD/CNY was up 0.04% to 6.2879, while EUR/CNY fell 0.02% to 7.7726.
The US Dollar Index Futures was up 0.15% at 89.35.