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China stocks mixed at close of trade; Shanghai Composite down 0.56%

Published 05/13/2015, 03:35 AM
Updated 05/13/2015, 03:35 AM
© Reuters.  China stocks mixed at close of trade; Shanghai Composite down 0.56%

Investing.com – China stocks were mixed after the close on Wednesday, as gains in the Media, Technology Hardware & Equipment and Retailers sectors led shares higher while losses in the Telecoms, Mobile and Electricity sectors led shares lower.

At the close in Shanghai, the Shanghai Composite fell 0.56%, while the SZSE Component index climbed 0.71%.

The best performers of the session on the Shanghai Composite were Zhongyuan Exp (SS:600020), which rose 10.07% or 0.740 points to trade at 8.090 at the close. Meanwhile, Dahua Chemical (SS:900951) added 10.05% or 0.097 points to end at 1.062 and Citic Heavy In (SS:601608) was up 10.05% or 0.950 points to 10.400 in late trade.

The worst performers of the session were Sunyard (SS:600571), which fell 6.34% or 8.460 points to trade at 124.900 at the close. Dongfang Elec SS (SS:600875) declined 5.92% or 1.700 points to end at 27.010 and Anhui Express (SS:600012) was down 5.78% or 0.670 points to 10.920.

The top performers on the SZSE Component were Suning Commerce Group Co Ltd (SZ:002024) which rose 7.24% to 20.00, ZTE Corp (SZ:000063) which was up 6.45% to settle at 32.50 and Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) which gained 5.70% to close at 5.19.

The worst performers were AVIC Aircraft Co Ltd (SZ:000768) which was down 3.50% to 33.65 in late trade, Chongqing Changan Automobile Co Ltd (SZ:000625) which lost 2.70% to settle at 23.07 and Beijing Originwater Technology (SZ:300070) which was down 2.67% to 51.10 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 546 to 425.

Shares in Dahua Chemical (SS:900951) rose to all time highs; rising 10.05% or 0.097 to 1.062. Shares in Citic Heavy In (SS:601608) rose to all time highs; rising 10.05% or 0.950 to 10.400. Shares in Suning Commerce Group Co Ltd (SZ:002024) rose to all time highs; up 7.24% or 1.35 to 20.00. Shares in ZTE Corp (SZ:000063) rose to all time highs; rising 6.45% or 1.97 to 32.50.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.14% to 29.11.

Gold for June delivery was up 0.13% or 1.50 to $1193.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.02% or 0.62 to hit $61.37 a barrel, while the July Brent oil contract rose 0.74% or 0.50 to trade at $67.88 a barrel.

USD/CNY was down 0.06% to 6.2053, while EUR/CNY rose 0.29% to 6.9825.

The US Dollar Index was down 0.30% at 94.42.

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