China shares higher at close of trade; Shanghai Composite up 1.30%

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China shares higher at close of trade; Shanghai Composite up 1.30%
Credit: © Reuters.

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

At the close in Shanghai, the Shanghai Composite rose 1.30% to hit a new 1-month high, while the SZSE Component index unchanged 0%.

The biggest gainers of the session on the Shanghai Composite were EGing Photovoltaic Technology Co Ltd (SS: 600537 ), which rose 10.17% or 0.300 points to trade at 3.250 at the close. Beijing Jingyuntong Technology Co Ltd (SS: 601908 ) added 10.06% or 0.330 points to end at 3.610 and Jiangsu Changjiang Electronics Technology Co Ltd (SS: 600584 ) was up 10.01% or 0.890 points to 9.780 in late trade.

Biggest losers included Baocheng Inves (SS: 600892 ), which lost 10.01% or 0.710 points to trade at 6.380 in late trade. Y.U.D. Yangtze River Investment Industry Co Ltd (SS: 600119 ) declined 9.93% or 0.600 points to end at 5.440 and Anhui Quanchai Engine Co Ltd (SS: 600218 ) shed 8.35% or 0.680 points to 7.460.

The top performers on the SZSE Component were Huizhou Desay SV Automotive Co Ltd Class A (SZ: 002920 ) which unchanged 0% to 21.45, Aerospace Hi-Tech Holding Group Co Ltd (SZ: 000901 ) which was unchanged 0% to settle at 10.04 and Angang Steel Co Ltd Class A (SZ: 000898 ) which unchanged 0% to close at 5.25.

The worst performers were Huizhou Desay SV Automotive Co Ltd Class A (SZ: 002920 ) which was unchanged 0% to 21.45 in late trade, Aerospace Hi-Tech Holding Group Co Ltd (SZ: 000901 ) which unchanged 0% to settle at 10.04 and Angang Steel Co Ltd Class A (SZ: 000898 ) which was unchanged 0% to 5.25 at the close.

Declining stocks outnumbered rising ones by 0 to 0 on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 21.34.

In commodities trading, Gold Futures for April delivery was down 0.11% or 1.45 to $1317.75 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.28% or 0.15 to hit $53.51 a barrel, while the April Brent oil contract fell 0.34% or 0.21 to trade at $61.77 a barrel.

USD/CNY was unchanged 0.00% to 6.7448, while EUR/CNY fell 0.19% to 7.6803.

The US Dollar Index Futures was up 0.14% at 95.953.

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