Investing.com – China stocks were lower after the close on Wednesday, as losses in the Oil Equipment Services & Distribution, Life Insurance and Telecoms sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 1.40%, while the SZSE Component index declined 1.25%.
The best performers of the session on the Shanghai Composite were Chahua Modern Housewares Co Ltd (SS:603615), which rose 9.99% or 1.45 points to trade at 15.96 at the close. Meanwhile, China Hainan Rubber Industry Group Co Ltd (SS:601118) added 9.97% or 0.600 points to end at 6.620 and Jiangsu Zongyi Co Ltd (SS:600770) was up 9.97% or 0.720 points to 7.940 in late trade.
The worst performers of the session were Inly Media Co Ltd (SS:603598), which fell 10.02% or 1.750 points to trade at 15.720 at the close. Yanzhou Coal Mining Co Ltd (SS:600188) declined 9.95% or 1.510 points to end at 13.670 and Shandong Shida Shenghua Chemical Group Co Ltd (SS:603026) was down 7.71% or 1.930 points to 23.090.
The top performers on the SZSE Component were Harbin Gloria Pharmaceuticals (SZ:002437) which rose 10.06% to 6.89, Guangdong Baolihua New Energy Stock Co LTD (SZ:000690) which was up 5.26% to settle at 7.80 and Sichuan Haite High-tech Co Ltd (SZ:002023) which gained 5.26% to close at 14.21.
The worst performers were Zhuhai Hokai Med Instruments (SZ:300273) which was down 8.28% to 8.64 in late trade, Henan Shenhuo Coal & Power Co Ltd (SZ:000933) which lost 6.37% to settle at 6.170 and Digital China Information Service Co Ltd (SZ:000555) which was down 6.22% to 13.41 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 1078 to 278 and 22 ended unchanged.
Shares in Sichuan Haite High-tech Co Ltd (SZ:002023) rose to 52-week highs; up 5.26% or 0.71 to 14.21.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 20.07.
Gold Futures for June delivery was up 0.04% or 0.50 to $1292.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.40% or 0.29 to hit $71.91 a barrel, while the July Brent oil contract fell 0.63% or 0.50 to trade at $79.07 a barrel.
USD/CNY was up 0.30% to 6.3866, while EUR/CNY fell 0.20% to 7.4848.
The US Dollar Index Futures was up 0.32% at 93.81.