Investing.com – China stocks were lower after the close on Wednesday, as losses in the Travel & Leisure, Life Insurance and Telecoms sectors led shares lower.
At the close in Shanghai, the Shanghai Composite declined 1.62%, while the SZSE Component index lost 1.47%.
The best performers of the session on the Shanghai Composite were Htdc (SS:601188), which rose 10.04% or 0.540 points to trade at 5.920 at the close. Meanwhile, Xinji Energy (SS:601918) added 10.02% or 1.300 points to end at 14.270 and Xinhua Media (SS:601801) was up 10.02% or 2.530 points to 27.780 in late trade.
The worst performers of the session were Greattown (SS:600094), which fell 9.98% or 2.020 points to trade at 18.230 at the close. Sd Hiking (SS:600735) declined 9.98% or 1.880 points to end at 16.950 and Greattown-B (SS:900940) was down 9.97% or 0.115 points to 1.039.
The top performers on the SZSE Component were Shantui Construction Machinery Co Ltd (SZ:000680) which rose 10.06% to 7.66, Foshan Electrical and Lighting Co Ltd (SZ:000541) which was up 10.04% to settle at 12.17 and Cangzhou Mingzhu Plastic Co Ltd (SZ:002108) which gained 10.04% to close at 14.91.
The worst performers were Westone Information Industry Inc (SZ:002268) which was down 10.00% to 68.69 in late trade, Beijing Hualu Baina Film TV (SZ:300291) which lost 8.69% to settle at 30.59 and Zhejiang Huace Film TV Co (SZ:300133) which was down 8.00% to 30.00 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 665 to 305.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 4.71% to 29.53.
Gold for December delivery was down 0.50% or 5.50 to $1085.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.95% or 0.43 to hit $46.17 a barrel, while the September Brent oil contract rose 0.86% or 0.43 to trade at $50.42 a barrel.
USD/CNY was up 0.00% to 6.2097, while EUR/CNY fell 0.18% to 6.7480.
The US Dollar Index was up 0.21% at 98.25.