Investing.com – China equities were higher at the close on Wednesday, as gains in the Technology Hardware & Equipment, Media and Technology sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.70%, while the SZSE Component index gained 1.39%.
The biggest gainers of the session on the Shanghai Composite were Ningbo Marine (SS:600798), which rose 10.05% or 0.990 points to trade at 10.840 at the close. Cinda Realesta (SS:600657) added 10.05% or 0.920 points to end at 10.070 and Sh Wanye (SS:600641) was up 10.05% or 0.830 points to 9.090 in late trade.
Biggest losers included Shenda (SS:600626), which lost 9.17% or 2.450 points to trade at 24.260 in late trade. Kingdom SS (SS:600446) declined 5.25% or 13.360 points to end at 241.000 and Harbin Hi-Tech (SS:600095) shed 5.16% or 0.710 points to 13.050.
The top performers on the SZSE Component were Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) which rose 3.85% to 41.00, Midea Group Co Ltd (SZ:000333) which was up 2.90% to settle at 35.84 and BYD Co Ltd (SZ:002594) which gained 2.52% to close at 66.19.
The worst performers were Beijing Originwater Technology (SZ:300070) which was down 2.28% to 57.80 in late trade, Shenwan Hongyuan Group Co Ltd (SZ:000166) which lost 2.02% to settle at 17.95 and Changjiang Securities Co Ltd (SZ:000783) which was down 1.96% to 17.48 at the close.
Advancing stocks outnumbered falling ones by 616 to 345 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 4.48% to 28.94.
In commodities trading, Gold for June delivery was down 0.03% or 0.40 to $1206.30 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.96% or 0.56 to hit $58.55 a barrel, while the July Brent oil contract rose 0.91% or 0.58 to trade at $64.60 a barrel.
USD/CNY was down 0.04% to 6.2044, while EUR/CNY fell 0.61% to 6.8772.
The US Dollar Index was up 0.40% at 95.75.