Investing.com – China stocks were higher after the close on Thursday, as gains in the Oil Equipment Services & Distribution, Life Insurance and Gas, Water & Multiutilities sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.85%, while the SZSE Component index added 1.02%.
The best performers of the session on the Shanghai Composite were Aluminum Corp of China Ltd (SS:601600), which rose 10.11% or 0.470 points to trade at 5.120 at the close. Meanwhile, Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd (SS:600332) added 10.02% or 2.750 points to end at 30.200 and Shanghai LongYun Advertising & Media Co Ltd (SS:603729) was up 10.01% or 5.58 points to 61.35 in late trade.
The worst performers of the session were Shanghai U9 Game Co Ltd (SS:600652), which fell 7.45% or 0.520 points to trade at 6.460 at the close. Harbin Air Conditioning Co Ltd (SS:600202) declined 7.35% or 0.530 points to end at 6.680 and Hainan Haiqi Transportation Group Co Ltd (SS:603069) was down 6.83% or 0.840 points to 11.450.
The top performers on the SZSE Component were Nationz Technologies Inc (SZ:300077) which rose 10.04% to 10.41, Shenwu Environmental Tech (SZ:300156) which was up 10.03% to settle at 12.94 and Yunnan Aluminium Co Ltd (SZ:000807) which gained 9.98% to close at 8.93.
The worst performers were Zhejiang Jinke Peroxides Co Ltd (SZ:300459) which was down 7.05% to 10.55 in late trade, Shenzhen Ysstech Info-Tech Co Ltd (SZ:300377) which lost 6.00% to settle at 15.81 and Beijing Sinnet Technology Co Ltd (SZ:300383) which was down 5.24% to 15.90 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 770 to 508 and 88 ended unchanged.
Shares in Zhejiang Jinke Peroxides Co Ltd (SZ:300459) fell to 52-week lows; down 7.05% or 0.80 to 10.55.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 7.60% to 22.14 a new 1-month low.
Gold Futures for June delivery was up 0.30% or 4.00 to $1357.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.93% or 0.64 to hit $69.11 a barrel, while the June Brent oil contract rose 1.01% or 0.74 to trade at $74.22 a barrel.
USD/CNY was down 0.06% to 6.2707, while EUR/CNY rose 0.11% to 7.7741.
The US Dollar Index Futures was down 0.10% at 89.26.