Investing.com – China equities were higher at the close on Wednesday, as gains in the Technology Hardware & Equipment, Banking and Real Estate Investments & Services sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.50%, while the SZSE Component index gained 0.39%.
The biggest gainers of the session on the Shanghai Composite were Jingyuntong Te (SS:601908), which rose 10.08% or 0.630 points to trade at 6.880 at the close. Zhonghang Heib (SS:600760) added 10.04% or 1.410 points to end at 15.460 and Jingkai (SS:600215) was up 10.04% or 0.740 points to 8.110 in late trade.
Biggest losers included Harbin Air Con (SS:600202), which lost 10.03% or 1.240 points to trade at 11.120 in late trade. Js Zhongda (SS:600074) declined 10.03% or 1.53 points to end at 13.73 and Luoyang Glass (SS:600876) shed 9.97% or 3.400 points to 30.700.
The top performers on the SZSE Component were Sino Geophysical (SZ:300191) which rose 10.04% to 14.58, Fujian Septwolves Industry Co Ltd (SZ:002029) which was up 10.01% to settle at 10.66 and AVIC Aircraft Co Ltd (SZ:000768) which gained 10.00% to close at 22.43.
The worst performers were Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which was down 9.99% to 39.92 in late trade, Joyoung Co Ltd (SZ:002242) which lost 8.34% to settle at 20.78 and Zhejiang Satellite Petrochemical Co Ltd (SZ:002648) which was down 6.49% to 8.50 at the close.
Advancing stocks outnumbered falling ones by 653 to 305 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.45% to 42.84.
In commodities trading, Gold for December delivery was down 0.26% or 2.90 to $1123.90 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.80% or 0.36 to hit $44.87 a barrel, while the November Brent oil contract fell 0.62% or 0.30 to trade at $47.93 a barrel.
USD/CNY was down 0.12% to 6.3558, while EUR/CNY fell 0.37% to 7.1352.
The US Dollar Index was up 0.17% at 96.23.