China shares lower at close of trade; Shanghai Composite down 0.31%

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China shares lower at close of trade; Shanghai Composite down 0.31%
Credit: © Reuters.

Investing.com – China equities were lower at the close on Wednesday, as losses in the Technology Hardware & Equipment , Travel & Leisure and Technology sectors propelled shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.31%, while the SZSE Component index lost 0.64%.

The biggest gainers of the session on the Shanghai Composite were China Science Publishing & Media Ltd (SS: 601858 ), which rose 10.05% or 0.83 points to trade at 9.09 at the close. QuMei Home Furnishings Group Co Ltd (SS: 603818 ) added 10.03% or 0.800 points to end at 8.780 and SJEC Corp (SS: 601360 ) was up 10.00% or 2.350 points to 25.840 in late trade.

Biggest losers included Shanghai Shibei Hi-Tech Co Ltd A (SS: 600604 ), which lost 9.21% or 0.43 points to trade at 4.24 in late trade. Shenzhen Geoway Co Ltd (SS: 600462 ) declined 6.07% or 0.170 points to end at 2.630 and Shandong Huapeng Glass Co Ltd (SS: 603021 ) shed 5.63% or 0.430 points to 7.210.

The top performers on the SZSE Component were Zhonghong Holding Co Ltd (SZ: 000979 ) which rose 10.34% to 0.96, Zhejiang Longsheng Auto Parts Co Ltd (SZ: 002625 ) which was up 10.02% to settle at 10.32 and Qinghai Salt Lake Industry Co Ltd (SZ: 000792 ) which gained 9.99% to close at 8.15.

The worst performers were Hongda Xingye Co Ltd (SZ: 002002 ) which was down 10.09% to 3.03 in late trade, Hedy Holding Co Ltd (SZ: 002027 ) which lost 9.23% to settle at 8.56 and JPMF Guangdong Co Ltd (SZ: 002600 ) which was down 7.67% to 2.89 at the close.

Declining stocks outnumbered rising ones by 993 to 385 and 67 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was down 5.14% to 21.22.

In commodities trading, Gold Futures for December delivery was down 0.31% or 3.80 to $1210.60 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.07% or 0.05 to hit $68.48 a barrel, while the November Brent oil contract fell 0.12% or 0.09 to trade at $76.20 a barrel.

USD/CNY was up 0.24% to 6.8195, while EUR/CNY rose 0.12% to 7.9656.

The US Dollar Index Futures was up 0.10% at 94.72.

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