Investing.com – China stocks were higher after the close on Thursday, as gains in the Retailers, Software & Computer Services and Gas, Water & Multiutilities sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.32%, while the SZSE Component index added 1.20%.
The best performers of the session on the Shanghai Composite were China Haisheng (SS:600896), which rose 10.06% or 0.840 points to trade at 9.190 at the close. Meanwhile, Harbin Pharm (SS:600664) added 10.04% or 1.340 points to end at 14.690 and Cred Holding (SS:600890) was up 10.02% or 1.34 points to 14.71 in late trade.
The worst performers of the session were Heihua (SS:600179), which fell 6.43% or 1.660 points to trade at 24.140 at the close. Danhua Chem (SS:600844) declined 5.00% or 0.800 points to end at 15.200 and Dawning Information (SS:603019) was down 4.29% or 5.69 points to 126.80.
The top performers on the SZSE Component were Suning Commerce Group Co Ltd (SZ:002024) which rose 6.54% to 22.80, Beijing Originwater Technology (SZ:300070) which was up 4.68% to settle at 59.51 and AVIC Aircraft Co Ltd (SZ:000768) which gained 2.91% to close at 44.51.
The worst performers were Leshi Internet Info Tech (SZ:300104) which was down 2.78% to 68.42 in late trade, Bank of Ningbo Co Ltd (SZ:002142) which lost 2.46% to settle at 22.18 and BYD Co Ltd (SZ:002594) which was down 2.41% to 74.00 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 639 to 299.
Shares in China Haisheng (SS:600896) rose to 3-years highs; gaining 10.06% or 0.840 to 9.190. Shares in Harbin Pharm (SS:600664) rose to 3-years highs; gaining 10.04% or 1.340 to 14.690. Shares in Cred Holding (SS:600890) rose to 3-years highs; rising 10.02% or 1.34 to 14.71. Shares in Suning Commerce Group Co Ltd (SZ:002024) rose to all time highs; gaining 6.54% or 1.40 to 22.80.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 6.02% to 30.42.
Gold for August delivery was down 0.29% or 3.40 to $1183.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.37% or 0.23 to hit $61.20 a barrel, while the July Brent oil contract fell 0.19% or 0.12 to trade at $65.58 a barrel.
USD/CNY was up 0.00% to 6.2060, while EUR/CNY fell 0.45% to 6.9960.
The US Dollar Index was up 0.48% at 95.03.