Investing.com – China equities were mixed at the close on Wednesday, as gains in the Life Insurance, Media and Electricity sectors propelled shares higher while losses in the Technology Hardware & Equipment, Technology and Gas, Water & Multiutilities sectors led shares lower.
At the close in Shanghai, the Shanghai Composite gained 0.18% to hit a new 52-week high, while the SZSE Component index declined 0.15%.
The biggest gainers of the session on the Shanghai Composite were Wuhan DDMC Culture Co Ltd (SS:600136), which rose 10.03% or 1.55 points to trade at 17.00 at the close. Changshu Automotive Trim Co Ltd (SS:603035) added 10.00% or 2.00 points to end at 22.01 and Dazhou Xingye Holding Co Ltd (SS:600603) was up 10.00% or 0.860 points to 9.460 in late trade.
Biggest losers included FangDa Carbon New Material Co Ltd (SS:600516), which lost 10.01% or 3.150 points to trade at 28.330 in late trade. ZhongTongGuoMai Communication Co Ltd (SS:603559) declined 7.78% or 3.670 points to end at 43.500 and Shandong Bohui Paper Industry Co Ltd (SS:600966) shed 7.26% or 0.520 points to 6.640.
The top performers on the SZSE Component were Jiangxi Huangshanghuang Group Food Co Ltd (SZ:002695) which rose 9.99% to 22.47, Sichuan Kelun Pharmaceutical Co Ltd (SZ:002422) which was up 6.86% to settle at 19.15 and Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) which gained 6.63% to close at 34.56.
The worst performers were Yunnan Aluminium Co Ltd (SZ:000807) which was down 8.50% to 12.59 in late trade, Tongfang Guoxin Electronics Co Ltd (SZ:002049) which lost 8.00% to settle at 33.92 and Suzhou Dongshan Precision Manufacturing Co Ltd (SZ:002384) which was down 7.68% to 26.67 at the close.
Declining stocks outnumbered rising ones by 738 to 526 and 57 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 3.82% to 18.15.
In commodities trading, Gold Futures for December delivery was down 0.22% or 2.86 to $1290.94 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.26% or 0.13 to hit $51.05 a barrel, while the December Brent oil contract rose 0.11% or 0.06 to trade at $56.67 a barrel.
USD/CNY was up 0.06% to 6.5783, while EUR/CNY rose 0.22% to 7.7804.
The US Dollar Index Futures was down 0.10% at 93.00.