Investing.com – China equities were lower at the close on Wednesday, as losses in the Travel & Leisure, Life Insurance and Telecoms sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite fell 1.62%, while the SZSE Component index declined 1.47%.
The biggest gainers of the session on the Shanghai Composite were Htdc (SS:601188), which rose 10.04% or 0.540 points to trade at 5.920 at the close. Xinji Energy (SS:601918) added 10.02% or 1.300 points to end at 14.270 and Xinhua Media (SS:601801) was up 10.02% or 2.530 points to 27.780 in late trade.
Biggest losers included Greattown (SS:600094), which lost 9.98% or 2.020 points to trade at 18.230 in late trade. Sd Hiking (SS:600735) declined 9.98% or 1.880 points to end at 16.950 and Greattown-B (SS:900940) shed 9.97% or 0.115 points to 1.039.
The top performers on the SZSE Component were Shantui Construction Machinery Co Ltd (SZ:000680) which rose 10.06% to 7.66, Foshan Electrical and Lighting Co Ltd (SZ:000541) which was up 10.04% to settle at 12.17 and Cangzhou Mingzhu Plastic Co Ltd (SZ:002108) which gained 10.04% to close at 14.91.
The worst performers were Westone Information Industry Inc (SZ:002268) which was down 10.00% to 68.69 in late trade, Beijing Hualu Baina Film TV (SZ:300291) which lost 8.69% to settle at 30.59 and Zhejiang Huace Film TV Co (SZ:300133) which was down 8.00% to 30.00 at the close.
Declining stocks outnumbered rising ones by 665 to 305 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 4.71% to 29.53.
In commodities trading, Gold for December delivery was down 0.49% or 5.30 to $1085.40 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.02% or 0.47 to hit $46.20 a barrel, while the September Brent oil contract rose 0.93% or 0.47 to trade at $50.45 a barrel.
USD/CNY was up 0.00% to 6.2097, while EUR/CNY fell 0.18% to 6.7480.
The US Dollar Index was up 0.19% at 98.22.