China shares higher at close of trade; Shanghai Composite up 0.30%

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China shares higher at close of trade; Shanghai Composite up 0.30%

Investing.com – China equities were higher at the close on Wednesday, as gains in the Technology Hardware & Equipment , Retailers and Technology sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 0.30% to hit a new 52-week high, while the SZSE Component index gained 0.86%.

The biggest gainers of the session on the Shanghai Composite were Zhejiang Feida Environmental Science & Technology Co Ltd (SS: 600526 ), which rose 10.04% or 1.130 points to trade at 12.390 at the close. Hangzhou XZB Tech Co Ltd (SS: 603040 ) added 10.00% or 7.80 points to end at 85.77 and Orient International Enterprise Ltd (SS: 600278 ) was up 9.97% or 1.380 points to 15.220 in late trade.

Biggest losers included CTS International Logistics Corp Ltd (SS: 603128 ), which lost 5.63% or 0.700 points to trade at 11.730 in late trade. Hubei Wuchangyu Co Ltd (SS: 600275 ) declined 4.80% or 0.350 points to end at 6.940 and Y.U.D. Yangtze River Investment Industry Co Ltd (SS: 600119 ) shed 2.91% or 0.530 points to 17.660.

The top performers on the SZSE Component were Wuxi Little Swan Co Ltd (SZ: 000418 ) which rose 10.00% to 53.89, BOE Technology Group Co Ltd (SZ: 000725 ) which was up 9.58% to settle at 5.720 and Jiangsu Aucksun Co Ltd (SZ: 002245 ) which gained 7.36% to close at 9.63.

The worst performers were Jiangxi Ganfeng Lithium Co Ltd (SZ: 002460 ) which was down 4.54% to 87.90 in late trade, Guangzhou Tinci Materials Technology Co Ltd (SZ: 002709 ) which lost 3.45% to settle at 47.36 and Glodon Software Co Ltd (SZ: 002410 ) which was down 3.41% to 20.10 at the close.

Advancing stocks outnumbered falling ones by 957 to 285 and 95 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was up 0.32% to 18.67.

In commodities trading, Gold Futures for December delivery was down 0.31% or 3.96 to $1274.34 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.25% or 0.13 to hit $52.34 a barrel, while the December Brent oil contract rose 0.14% or 0.08 to trade at $58.41 a barrel.

USD/CNY was up 0.10% to 6.6424, while EUR/CNY rose 0.07% to 7.8096.

The US Dollar Index Futures was up 0.03% at 93.86.

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