Investing.com – China equities were mixed at the close on Wednesday, as gains in the Software & Computer Services, Media and Technology sectors propelled shares higher while losses in the Telecoms, Mobile and Electricity sectors led shares lower.
At the close in Shanghai, the Shanghai Composite lost 0.15%, while the SZSE Component index added 1.60%.
The biggest gainers of the session on the Shanghai Composite were Jinjian Cereal (SS:600127), which rose 10.05% or 1.090 points to trade at 11.940 at the close. Sundy Land Inv (SS:600077) added 10.04% or 1.310 points to end at 14.360 and Ningbo Fuda (SS:600724) was up 10.03% or 1.230 points to 13.490 in late trade.
Biggest losers included Prosolar Resou (SS:600193), which lost 9.98% or 2.920 points to trade at 26.330 in late trade. CRRC Corp Ltd (SS:601766) declined 9.77% or 2.870 points to end at 26.510 and Cn First Heavy (SS:601106) shed 8.82% or 1.850 points to 19.130.
The top performers on the SZSE Component were Huayi Brothers Media Corp (SZ:300027) which rose 10.00% to 58.28, Jiangsu Yanghe Brewery Joint-Stock Co Ltd (SZ:002304) which was up 5.54% to settle at 105.54 and Goertek Inc (SZ:002241) which gained 4.98% to close at 42.79.
The worst performers were Shanxi Xishan Coal and Electricity Power Co Ltd (SZ:000983) which was down 3.26% to 11.28 in late trade, Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) which lost 2.51% to settle at 5.82 and Bank of Ningbo Co Ltd (SZ:002142) which was down 1.94% to 22.74 at the close.
Advancing stocks outnumbered falling ones by 669 to 272 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.25% to 32.37 a new 1-month high.
In commodities trading, Gold for August delivery was up 0.42% or 5.00 to $1182.60 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.37% or 0.82 to hit $60.97 a barrel, while the July Brent oil contract rose 1.06% or 0.69 to trade at $65.57 a barrel.
USD/CNY was down 0.01% to 6.2051, while EUR/CNY rose 0.68% to 7.0473.
The US Dollar Index was down 0.66% at 94.53.