Investing.com – China stocks were lower after the close on Wednesday, as losses in the Software & Computer Services, Media and Technology sectors led shares lower.
At the close in Shanghai, the Shanghai Composite fell 1.26%, while the SZSE Component index lost 2.82%.
The best performers of the session on the Shanghai Composite were Fujian Express (SS:600033), which rose 10.05% or 0.600 points to trade at 6.570 at the close. Meanwhile, Hainan Airline B (SS:900945) added 10.02% or 0.065 points to end at 0.714 and Csr Corp (SS:601766) was up 10.02% or 2.700 points to 29.650 in late trade.
The worst performers of the session were Wenfeng Chain (SS:601010), which fell 10.01% or 1.840 points to trade at 16.540 at the close. Dongfeng Tech (SS:600081) declined 10.00% or 2.210 points to end at 19.880 and Hareon Solar T (SS:600401) was down 10.00% or 1.440 points to 12.960.
The top performers on the SZSE Component were Ping An Bank Co Ltd (SZ:000001) which rose 2.15% to 16.65, Suzhou Gold Mantis Construction Decoration Co Ltd (SZ:002081) which was up 1.42% to settle at 32.84 and ZTE Corp (SZ:000063) which gained 0.17% to close at 23.81.
The worst performers were BOE Technology Group Co Ltd (SZ:000725) which was down 9.80% to 4.42 in late trade, Leshi Internet Info Tech (SZ:300104) which lost 7.84% to settle at 83.80 and Shan Dong Dong-E E-Jiao Co Ltd (SZ:000423) which was down 6.41% to 48.90 at the close.
Falling stocks outnumbered advancing ones on the Shanghai Stock Exchange by 776 to 180.
Shares in Fujian Express (SS:600033) rose to 3-years highs; up 10.05% or 0.600 to 6.570. Shares in Hainan Airline B (SS:900945) rose to all time highs; rising 10.02% or 0.065 to 0.714. Shares in Csr Corp (SS:601766) rose to all time highs; gaining 10.02% or 2.700 to 29.650. Shares in Ping An Bank Co Ltd (SZ:000001) rose to 52-week highs; rising 2.15% or 0.35 to 16.65.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 9.35% to 34.53.
Gold for June delivery was down 0.07% or 0.80 to $1191.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.37% or 0.73 to hit $54.02 a barrel, while the June Brent oil contract rose 1.60% or 0.95 to trade at $60.77 a barrel.
USD/CNY was down 0.14% to 6.2037, while EUR/CNY fell 0.55% to 6.5818.
The US Dollar Index was up 0.27% at 99.28.