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China stocks mixed at close of trade

China stocks were mixed after the close on Wednesday, as gains in the Gas, Water & Multiutilities, Telecoms and Mobile sectors led shares higher while losses in the Oil Equipment Services & Distribution, Life Insurance and Software & Computer Services sectors led shares lower.

At the close in Shanghai, the Shanghai Composite rose 0.18%, while the SZSE Component index lost 0.44%.

The best performers of the session on the Shanghai Composite were Shenzhen Geoway Co Ltd (SS:600462), which rose 10.11% or 0.280 points to trade at 3.050 at the close. Meanwhile, Hengtong Logistics Co Ltd (SS:603223) added 10.03% or 1.20 points to end at 13.17 and DELIXI XINJIANG Transportation Co Ltd (SS:603032) was up 10.01% or 2.43 points to 26.70 in late trade.

The worst performers of the session were Sinomach Automobile Co Ltd (SS:600335), which fell 10.01% or 0.940 points to trade at 8.450 at the close. Shanghai Lingang Holdings Co Ltd A (SS:600848) declined 10.01% or 2.170 points to end at 19.500 and Shanghai Lingang Holdings Co Ltd B (SS:900928) was down 10.01% or 0.153 points to 1.375.

The top performers on the SZSE Component were Beihai Yinhe Industry Investment Co Ltd (SZ:000806) which rose 10.03% to 4.17, CNNC Hua Yuan Titanium Dioxide Co Ltd (SZ:002145) which was up 8.10% to settle at 3.87 and Palm Landscape Architecture Co Ltd (SZ:002431) which gained 6.67% to close at 4.96.

The worst performers were Jiangxi Ganfeng Lithium Co Ltd (SZ:002460) which was down 10.00% to 28.89 in late trade, Xinjiang Goldwind Science & Technology Co Ltd Class A (SZ:002202) which lost 9.91% to settle at 9.91 and Sichuan Tianqi Lithium Industries Inc (SZ:002466) which was down 7.59% to 33.36 at the close.

Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 802 to 542 and 115 ended unchanged.

The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 25.47.

Gold Futures for December delivery was up 0.01% or 0.10 to $1191.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.39% or 0.29 to hit $74.67 a barrel, while the December Brent oil contract fell 0.32% or 0.27 to trade at $84.73 a barrel.

USD/CNY was down 0.06% to 6.9188, while EUR/CNY fell 0.14% to 7.9451.

The US Dollar Index Futures was up 0.05% at 95.41.

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