Investing.com – China stocks were higher after the close on Wednesday, as gains in the Oil Equipment Services & Distribution, Real Estate Investments & Services and Banking sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.56%, while the SZSE Component index added 0.40%.
The best performers of the session on the Shanghai Composite were Baosheng (SS:600973), which rose 10.09% or 0.460 points to trade at 5.020 at the close. Meanwhile, Xinjiang Youhao Group Co Ltd (SS:600778) added 10.06% or 0.510 points to end at 5.580 and China Science Publishing & Media Ltd (SS:601858) was up 10.03% or 1.03 points to 11.30 in late trade.
The worst performers of the session were Lanpec Technologies Ltd (SS:601798), which fell 5.97% or 0.500 points to trade at 7.880 at the close. Xinjiang Winka Times Department Store Co Ltd (SS:603101) declined 5.97% or 0.840 points to end at 13.230 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) was down 5.42% or 1.93 points to 33.70.
The top performers on the SZSE Component were Shandong Humon Smelting Co Ltd (SZ:002237) which rose 10.04% to 11.84, Muyuan Foodstuff Co Ltd (SZ:002714) which was up 9.06% to settle at 51.26 and Zhejiang Jinlei Refractories Co Ltd (SZ:002624) which gained 6.81% to close at 34.99.
The worst performers were Tangshan Jidong Cement Co Ltd (SZ:000401) which was down 5.35% to 12.91 in late trade, Wuhu Shunrong Auto Parts Co Ltd (SZ:002555) which lost 5.01% to settle at 15.18 and Beijing BDStar Navigation Co Ltd (SZ:002151) which was down 4.32% to 32.80 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 891 to 418 and 61 ended unchanged.
Shares in DELIXI XINJIANG Transportation Co Ltd (SS:603032) fell to 52-week lows; down 5.42% or 1.93 to 33.70. Shares in Wuhu Shunrong Auto Parts Co Ltd (SZ:002555) fell to 52-week lows; losing 5.01% or 0.80 to 15.18.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.33% to 26.44.
Gold Futures for June delivery was up 0.19% or 2.60 to $1348.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.31% or 0.20 to hit $65.31 a barrel, while the June Brent oil contract fell 0.35% or 0.25 to trade at $70.79 a barrel.
USD/CNY was down 0.07% to 6.2795, while EUR/CNY rose 0.18% to 7.7775.
The US Dollar Index Futures was down 0.19% at 89.15.