Investing.com – China stocks were higher after the close on Wednesday, as gains in the Life Insurance, Electricity and Travel & Leisure sectors led shares higher.
At the close in Shanghai, the Shanghai Composite added 0.28%, while the SZSE Component index climbed 0.07%.
The best performers of the session on the Shanghai Composite were Chongqing Sokon Industry Group Co Ltd (SS:601127), which rose 8.45% or 1.860 points to trade at 23.860 at the close. Meanwhile, Sichuan Changhong Electric Co Ltd (SS:600839) added 8.02% or 0.300 points to end at 4.040 and Caihong Display Devices Co Ltd (SS:600707) was up 7.76% or 0.650 points to 9.030 in late trade.
The worst performers of the session were ZhongTongGuoMai Communication Co Ltd (SS:603559), which fell 8.95% or 4.000 points to trade at 40.700 at the close. Nancal Energy-Saving Technology Co Ltd (SS:603859) declined 8.39% or 2.560 points to end at 27.960 and Xinjiang Ba Yi Iron & Steel Co Ltd (SS:600581) was down 8.34% or 1.270 points to 13.960.
The top performers on the SZSE Component were Guizhou Bailing Group Pharmaceutical Co Ltd (SZ:002424) which rose 10.03% to 19.42, Shenzhen Worldunion Properties Consultancy Inc (SZ:002285) which was up 8.19% to settle at 12.95 and Swan Fiber Co Ltd (SZ:000687) which gained 6.37% to close at 16.70.
The worst performers were Yunnan Aluminium Co Ltd (SZ:000807) which was down 5.95% to 12.02 in late trade, Shenzhen Ysstech Info-Tech Co Ltd (SZ:300377) which lost 5.67% to settle at 12.98 and Hongbo Co Ltd (SZ:002229) which was down 4.91% to 12.60 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 936 to 343 and 41 ended unchanged.
Shares in Shenzhen Worldunion Properties Consultancy Inc (SZ:002285) rose to 52-week highs; rising 8.19% or 0.98 to 12.95.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 0.74% to 17.49.
Gold Futures for December delivery was down 0.05% or 0.68 to $1285.52 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.46% or 0.24 to hit $52.12 a barrel, while the December Brent oil contract rose 0.69% or 0.40 to trade at $58.28 a barrel.
USD/CNY was up 0.12% to 6.6206, while EUR/CNY fell 0.03% to 7.7917.
The US Dollar Index Futures was up 0.03% at 93.39.