Investing.com – China equities were lower at the close on Wednesday, as losses in the Real Estate Investments & Services, Oil Equipment Services & Distribution and Life Insurance sectors propelled shares lower.
At the close in Shanghai, the Shanghai Composite declined 1.81%, while the SZSE Component index declined 1.89%.
The biggest gainers of the session on the Shanghai Composite were Shanghai Shenhua Holdings Co Ltd (SS:600653), which rose 10.10% or 0.200 points to trade at 2.180 at the close. Orient International Enterprise Ltd (SS:600278) added 10.04% or 0.900 points to end at 9.860 and GuiZhou YongJi Printing Co Ltd (SS:603058) was up 10.03% or 1.160 points to 12.720 in late trade.
Biggest losers included Jiangzhong Pharmaceutical Co Ltd (SS:600750), which lost 8.79% or 1.560 points to trade at 16.190 in late trade. Guizhou Changzheng Tiancheng Holding Co Ltd (SS:600112) declined 8.70% or 0.430 points to end at 4.510 and Hunan Fangsheng Pharmaceutical Co Ltd (SS:603998) shed 8.60% or 0.64 points to 6.80.
The top performers on the SZSE Component were By health (SZ:300146) which rose 10.02% to 20.09, Giant Network Group Co Ltd (SZ:002558) which was up 10.00% to settle at 23.00 and Zhejiang Semir Garment Co Ltd (SZ:002563) which gained 3.72% to close at 12.56.
The worst performers were Jilin Liyuan Precision Manufacturing Co Ltd (SZ:002501) which was down 10.02% to 4.67 in late trade, Shanxi Meijin Energy Co Ltd (SZ:000723) which lost 10.02% to settle at 4.40 and Vatti Corp Ltd (SZ:002035) which was down 8.38% to 12.14 at the close.
Declining stocks outnumbered rising ones by 1187 to 211 and 29 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 3.77% to 21.45.
In commodities trading, Gold Futures for August delivery was down 0.25% or 3.00 to $1220.70 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.71% or 0.49 to hit $68.27 a barrel, while the October Brent oil contract fell 0.47% or 0.35 to trade at $73.86 a barrel.
USD/CNY was up 0.04% to 6.8135, while EUR/CNY rose 0.05% to 7.9664.
The US Dollar Index Futures was up 0.05% at 94.38.