Investing.com – China equities were higher at the close on Wednesday, as gains in the Real Estate Investments & Services, Software & Computer Services and Media sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.31%, while the SZSE Component index climbed 0.92%.
The biggest gainers of the session on the Shanghai Composite were Xining Special Steel Co Ltd (SS:600117), which rose 10.11% or 0.460 points to trade at 5.010 at the close. Hefei Metalforming Intelligent Manufacturing Co Ltd (SS:603011) added 10.08% or 0.51 points to end at 5.57 and Hangzhou Youngsun Intelligent Equipment Co Ltd (SS:603901) was up 10.06% or 0.80 points to 8.75 in late trade.
Biggest losers included Shenji Group Kunming Machine Tool Co Ltd (SS:600806), which lost 10.07% or 0.150 points to trade at 1.340 in late trade. Tonghua Grape Wine Co Ltd (SS:600365) declined 10.03% or 0.630 points to end at 5.650 and Yiwu Huading Nylon Co Ltd (SS:601113) shed 10.02% or 1.330 points to 11.940.
The top performers on the SZSE Component were Beijing Shougang Co Ltd (SZ:000959) which rose 10.10% to 4.360, Shenzhen Minkave Technology Co Ltd (SZ:300506) which was up 10.02% to settle at 21.19 and Hangzhou Tigermed Consulting (SZ:300347) which gained 10.00% to close at 63.47.
The worst performers were Shenzhen Victor Onward Textile Industrial Co Ltd (SZ:000018) which was down 10.07% to 4.91 in late trade, Zhejiang Zhongcheng Packing Material Co Ltd (SZ:002522) which lost 10.04% to settle at 7.71 and ZTE Corp (SZ:000063) which was down 9.98% to 18.49 at the close.
Advancing stocks outnumbered falling ones by 1011 to 348 and 32 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 12.46% to 20.94.
In commodities trading, Gold Futures for August delivery was down 0.18% or 2.30 to $1276.30 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.89% or 0.58 to hit $65.48 a barrel, while the August Brent oil contract rose 0.95% or 0.71 to trade at $75.79 a barrel.
USD/CNY was down 0.28% to 6.4667, while EUR/CNY fell 0.40% to 7.4851.
The US Dollar Index Futures was up 0.13% at 94.77.