Investing.com – China stocks were higher after the close on Thursday, as gains in the Telecoms, Mobile and Software & Computer Services sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 1.36%, while the SZSE Component index gained 1.18%.
The best performers of the session on the Shanghai Composite were China Hi-Tech Group Co Ltd (SS:600730), which rose 10.08% or 0.52 points to trade at 5.68 at the close. Meanwhile, Shanghai Shibei Hi-Tech Co Ltd A (SS:600604) added 10.04% or 0.76 points to end at 8.33 and Tengda Construction Group Co Ltd (SS:600512) was up 10.04% or 0.240 points to 2.630 in late trade.
The worst performers of the session were Nanjing Chixia Development Co Ltd (SS:600533), which fell 5.21% or 0.190 points to trade at 3.460 at the close. Harbin Gong Da High-Tech Enterprise Development Co Ltd (SS:600701) declined 5.11% or 0.160 points to end at 2.970 and Shanghai Zhongyida Co Ltd B (SS:900906) was down 5.11% or 0.007 points to 0.130.
The top performers on the SZSE Component were China Baoan Group Co Ltd (SZ:000009) which rose 10.09% to 5.02, GuangDong Huasheng Electrical Appliances Co Ltd (SZ:002670) which was up 10.05% to settle at 10.29 and Hunan TV & Broadcast Intermediary Co Ltd (SZ:000917) which gained 10.04% to close at 6.14.
The worst performers were Jiangsu Kangde Xin Composite Material Co Ltd (SZ:002450) which was down 10.01% to 12.40 in late trade, Zibo Qixiang Tengda Chemical Co Ltd (SZ:002408) which lost 9.95% to settle at 9.95 and Jiangsu Nhwa Pharmaceutical Co Ltd (SZ:002262) which was down 5.44% to 12.70 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1287 to 147 and 39 ended unchanged.
Shares in Jiangsu Kangde Xin Composite Material Co Ltd (SZ:002450) fell to 5-year lows; losing 10.01% or 1.38 to 12.40. Shares in Zibo Qixiang Tengda Chemical Co Ltd (SZ:002408) fell to 52-week lows; falling 9.95% or 1.10 to 9.95.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 31.62.
Gold Futures for December delivery was up 1.21% or 14.50 to $1213.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.09% or 0.05 to hit $56.30 a barrel, while the January Brent oil contract rose 0.41% or 0.27 to trade at $66.39 a barrel.
USD/CNY was down 0.23% to 6.9347, while EUR/CNY rose 0.08% to 7.8657.
The US Dollar Index Futures was up 0.01% at 96.67.