Investing.com – China stocks were mixed after the close on Wednesday, as gains in the Life Insurance, Media and Electricity sectors led 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 added 0.18% to hit a new 52-week high, while the SZSE Component index lost 0.15%.
The best performers 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. Meanwhile, 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.
The worst performers of the session were FangDa Carbon New Material Co Ltd (SS:600516), which fell 10.01% or 3.150 points to trade at 28.330 at the close. 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) was down 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.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 738 to 526 and 57 ended unchanged.
Shares in Sichuan Kelun Pharmaceutical Co Ltd (SZ:002422) rose to 52-week highs; up 6.86% or 1.23 to 19.15. Shares in Hangzhou Hikvision Digital Technology Co Ltd (SZ:002415) rose to all time highs; gaining 6.63% or 2.15 to 34.56.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 3.82% to 18.15.
Gold Futures for December delivery was down 0.23% or 2.96 to $1290.84 a troy ounce. Elsewhere in commodities trading, 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 0.09% or 0.05 to trade at $56.66 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.