Investing.com – China stocks were higher after the close on Friday, as gains in the Gas, Water & Multiutilities, Technology Hardware & Equipment and Technology sectors led shares higher.
At the close in Shanghai, the Shanghai Composite rose 0.16% to hit a new 52-week high, while the SZSE Component index climbed 0.81%.
The best performers of the session on the Shanghai Composite were Keda Clean Energy Co Ltd (SS:600499), which rose 10.03% or 1.140 points to trade at 12.510 at the close. Meanwhile, Yongji Printing Co Ltd (SS:603058) added 10.02% or 2.160 points to end at 23.720 and Poten Environment Group Co Ltd (SS:603603) was up 10.01% or 4.84 points to 53.19 in late trade.
The worst performers of the session were Yangzhou Asiastar Bus Co Ltd (SS:600213), which fell 5.41% or 0.750 points to trade at 13.110 at the close. Xinjiang Ba Yi Iron & Steel Co Ltd (SS:600581) declined 5.34% or 0.860 points to end at 15.250 and Nanjing Inform Storage Equipment Group Co Ltd (SS:603066) was down 4.47% or 0.84 points to 17.96.
The top performers on the SZSE Component were Zhejiang Nanyang Technology Co Ltd (SZ:002389) which rose 10.00% to 27.40, Beijing Sanju Environmental (SZ:300072) which was up 9.99% to settle at 36.98 and Inner Mongolia Hotision Monsod (SZ:300355) which gained 9.99% to close at 14.20.
The worst performers were Fujian Newland Computer Co Ltd (SZ:000997) which was down 3.41% to 22.65 in late trade, Muyuan Foodstuff Co Ltd (SZ:002714) which lost 2.80% to settle at 38.55 and Beijing Venustech Inc (SZ:002439) which was down 2.66% to 22.32 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 846 to 415 and 61 ended unchanged.
Shares in Zhejiang Nanyang Technology Co Ltd (SZ:002389) rose to 52-week highs; gaining 10.00% or 2.49 to 27.40. Shares in Inner Mongolia Hotision Monsod (SZ:300355) rose to 52-week highs; rising 9.99% or 1.29 to 14.20.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 0.06% to 17.71.
Gold Futures for December delivery was up 0.16% or 2.03 to $1298.53 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.34% or 0.68 to hit $51.28 a barrel, while the December Brent oil contract rose 1.30% or 0.73 to trade at $56.98 a barrel.
USD/CNY was down 0.13% to 6.5813, while EUR/CNY fell 0.17% to 7.7824.
The US Dollar Index Futures was down 0.05% at 92.89.