Investing.com – China stocks were lower after the close on Wednesday, as losses in the Software & Computer Services, Retailers and Technology sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 0.94% to hit a new 52-week low, while the SZSE Component index lost 2.02%.
The best performers of the session on the Shanghai Composite were Jien Nickel (SS:600432), which rose 10.43% or 0.120 points to trade at 1.270 at the close. Meanwhile, Zhejiang Tuna Environmental Science & Technology Co Ltd (SS:603177) added 10.03% or 1.36 points to end at 14.92 and Shanghai Phoenix Enterprise Group Co Ltd A (SS:600679) was up 10.03% or 1.130 points to 12.400 in late trade.
The worst performers of the session were GuangYuYuan Chinese Herbal Medicine Co Ltd (SS:600771), which fell 10.00% or 5.370 points to trade at 48.310 at the close. China United Travel Co Ltd (SS:600358) declined 10.00% or 0.51 points to end at 4.59 and Neway Valve Suzhou Co Ltd (SS:603699) was down 9.99% or 1.270 points to 11.440.
The top performers on the SZSE Component were Chongqing Tong Jun Ge Co Ltd (SZ:000591) which rose 10.03% to 3.73, Beijing Jingxi Culture&Tourism Co Ltd (SZ:000802) which was up 9.98% to settle at 13.33 and Shandong Humon Smelting Co Ltd (SZ:002237) which gained 9.42% to close at 9.99.
The worst performers were Oceanwide Holdings Co Ltd (SZ:000046) which was down 10.04% to 4.66 in late trade, Xingyuan Environment Technology Co Ltd (SZ:300266) which lost 10.01% to settle at 14.57 and Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which was down 9.99% to 9.64 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1155 to 210 and 40 ended unchanged.
Shares in China United Travel Co Ltd (SS:600358) fell to 3-years lows; down 10.00% or 0.51 to 4.59. Shares in Neway Valve Suzhou Co Ltd (SS:603699) fell to 3-years lows; falling 9.99% or 1.270 to 11.440. Shares in Oceanwide Holdings Co Ltd (SZ:000046) fell to 3-years lows; falling 10.04% or 0.52 to 4.66. Shares in Xingyuan Environment Technology Co Ltd (SZ:300266) fell to 52-week lows; down 10.01% or 1.62 to 14.57. Shares in Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) fell to 52-week lows; falling 9.99% or 1.07 to 9.64.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 26.34.
Gold Futures for August delivery was up 0.60% or 7.50 to $1261.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.61% or 0.45 to hit $73.69 a barrel, while the September Brent oil contract rose 0.21% or 0.16 to trade at $77.92 a barrel.
USD/CNY was down 0.54% to 6.6063, while EUR/CNY fell 0.49% to 7.7063.
The US Dollar Index Futures was down 0.07% at 94.25.