Investing.com – China stocks were higher after the close on Friday, as gains in the Telecoms, Mobile and Retailers sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.28%, while the SZSE Component index climbed 0.38%.
The best performers of the session on the Shanghai Composite were Qingshan Paper (SS:600103), which rose 10.08% or 0.660 points to trade at 7.210 at the close. Meanwhile, Dalian Daxian (SS:600747) added 10.06% or 0.660 points to end at 7.220 and Guangan (SS:600979) was up 10.05% or 0.840 points to 9.200 in late trade.
The worst performers of the session were Tyan Home (SS:600807), which fell 10.00% or 2.130 points to trade at 19.180 at the close. Ningbo Constru (SS:601789) declined 9.99% or 1.680 points to end at 15.130 and Tianchen Co (SS:600620) was down 5.95% or 1.380 points to 21.800.
The top performers on the SZSE Component were Myhome Real Estate Development Group Co Ltd (SZ:000667) which rose 10.09% to 6.33, Suning Commerce Group Co Ltd (SZ:002024) which was up 10.02% to settle at 20.20 and HNA Investment Group Co Ltd (SZ:000616) which gained 10.02% to close at 10.32.
The worst performers were Joyoung Co Ltd (SZ:002242) which was down 7.99% to 35.10 in late trade, Leo Group Co Ltd (SZ:002131) which lost 5.96% to settle at 68.79 and Luxshare Precision Industry Co Ltd (SZ:002475) which was down 4.18% to 34.88 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 547 to 426.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 5.56% to 31.43.
Gold for December delivery was up 0.04% or 0.40 to $1116.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.20% or 0.09 to hit $42.15 a barrel, while the October Brent oil contract rose 0.22% or 0.11 to trade at $49.74 a barrel.
USD/CNY was up 0.02% to 6.4000, while EUR/CNY fell 0.07% to 7.1319.
The US Dollar Index was up 0.03% at 96.39.