Investing.com – China equities were lower at the close on Wednesday, as losses in the Software & Computer Services, Retailers and Technology sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite declined 0.94% to hit a new 52-week low, while the SZSE Component index declined 2.02%.
The biggest gainers of the session on the Shanghai Composite were Jien Nickel (SS:600432), which rose 10.43% or 0.120 points to trade at 1.270 at the close. Zhejiang Tuna Environmental Science & Technology Co Ltd (SS:603177) added 10.03% or 1.36 points to end at 14.92 and Shanghai Phoenix Enterprise Group Co Ltd A (SS:600679) was up 10.03% or 1.130 points to 12.400 in late trade.
Biggest losers included GuangYuYuan Chinese Herbal Medicine Co Ltd (SS:600771), which lost 10.00% or 5.370 points to trade at 48.310 in late trade. China United Travel Co Ltd (SS:600358) declined 10.00% or 0.51 points to end at 4.59 and Neway Valve Suzhou Co Ltd (SS:603699) shed 9.99% or 1.270 points to 11.440.
The top performers on the SZSE Component were Chongqing Tong Jun Ge Co Ltd (SZ:000591) which rose 10.03% to 3.73, Beijing Jingxi Culture&Tourism Co Ltd (SZ:000802) which was up 9.98% to settle at 13.33 and Shandong Humon Smelting Co Ltd (SZ:002237) which gained 9.42% to close at 9.99.
The worst performers were Oceanwide Holdings Co Ltd (SZ:000046) which was down 10.04% to 4.66 in late trade, Xingyuan Environment Technology Co Ltd (SZ:300266) which lost 10.01% to settle at 14.57 and Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which was down 9.99% to 9.64 at the close.
Declining stocks outnumbered rising ones by 1155 to 210 and 40 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 26.34.
In commodities trading, Gold Futures for August delivery was up 0.57% or 7.20 to $1260.70 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.63% or 0.47 to hit $73.67 a barrel, while the September Brent oil contract rose 0.21% or 0.16 to trade at $77.92 a barrel.
USD/CNY was down 0.54% to 6.6062, while EUR/CNY fell 0.48% to 7.7073.
The US Dollar Index Futures was down 0.08% at 94.24.