Investing.com – China equities were higher at the close on Wednesday, as gains in the Telecoms, Mobile and Media sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite rose 0.05%, while the SZSE Component index climbed 0.09%.
The biggest gainers of the session on the Shanghai Composite were Zhongnongfa Seed Industry Group Co Ltd (SS:600313), which rose 10.13% or 0.240 points to trade at 2.610 at the close. Beijing Dynamic Power Co Ltd (SS:600405) added 10.11% or 0.460 points to end at 5.010 and Hongda (SS:600331) was up 10.11% or 0.280 points to 3.050 in late trade.
Biggest losers included Xinjiang Winka Times Department Store Co Ltd (SS:603101), which lost 10.00% or 1.510 points to trade at 13.590 in late trade. Wintime Energy Co Ltd (SS:600157) declined 9.80% or 0.200 points to end at 1.840 and GuangYuYuan Chinese Herbal Medicine Co Ltd (SS:600771) shed 9.13% or 2.460 points to 24.470.
The top performers on the SZSE Component were Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ:300317) which rose 10.09% to 6.44, Hongda Xingye Co Ltd (SZ:002002) which was up 10.06% to settle at 3.61 and Tongding Interconnection Information (SZ:002491) which gained 10.01% to close at 8.90.
The worst performers were Shandong Realcan Pharmaceutical Co Ltd (SZ:002589) which was down 8.46% to 5.95 in late trade, Beijing E Hualu Info Tech (SZ:300212) which lost 6.40% to settle at 19.30 and Jiangsu Kangde Xin Composite Material Co Ltd (SZ:002450) which was down 4.98% to 5.73 at the close.
Advancing stocks outnumbered falling ones by 721 to 672 and 86 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.96.
In commodities trading, Gold Futures for February delivery was up 0.09% or 1.15 to $1284.55 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.42% or 0.22 to hit $53.23 a barrel, while the March Brent oil contract rose 0.49% or 0.30 to trade at $61.80 a barrel.
USD/CNY was down 0.30% to 6.7869, while EUR/CNY fell 0.20% to 7.7161.
The US Dollar Index Futures was down 0.01% at 95.953.