Investing.com – China stocks were higher after the close on Friday, as gains in the Banking, Life Insurance and Financials sectors led shares higher.
At the close in Shanghai, the Shanghai Composite added 2.04%, while the SZSE Component index climbed 1.12%.
The best performers of the session on the Shanghai Composite were Shandong Huapeng Glass Co Ltd (SS:603021), which rose 10.06% or 0.710 points to trade at 7.770 at the close. Meanwhile, Start Group (SS:600734) added 10.06% or 0.670 points to end at 7.330 and Jiangsu Wujiang Rural Commercial Bank Co Ltd (SS:603323) was up 10.03% or 0.580 points to 6.360 in late trade.
The worst performers of the session were Hainan Airlines Co Ltd B (SS:900945), which fell 10.04% or 0.054 points to trade at 0.484 at the close. Hainan Airlines Co Ltd A (SS:600221) declined 9.91% or 0.320 points to end at 2.910 and Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165) was down 8.68% or 0.550 points to 5.790.
The top performers on the SZSE Component were Shanghai 2345 Network Holding Group (SZ:002195) which rose 10.10% to 4.47, Sainty Marine Corp Ltd (SZ:002608) which was up 10.07% to settle at 7.87 and Jiangsu Jiangyin Rural Commercial Bank Co Ltd (SZ:002807) which gained 10.06% to close at 5.91.
The worst performers were CCOOP Group Co Ltd (SZ:000564) which was down 10.06% to 4.29 in late trade, Huawen Media Investment Corp (SZ:000793) which lost 9.98% to settle at 4.96 and Guizhou Xinbang Pharmaceutical Co Ltd (SZ:002390) which was down 4.91% to 6.78 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1172 to 210 and 38 ended unchanged.
Shares in Hainan Airlines Co Ltd B (SS:900945) fell to 3-years lows; falling 10.04% or 0.054 to 0.484. Shares in Hainan Airlines Co Ltd A (SS:600221) fell to 3-years lows; falling 9.91% or 0.320 to 2.910. Shares in Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS:600165) fell to 3-years lows; falling 8.68% or 0.550 to 5.790. Shares in CCOOP Group Co Ltd (SZ:000564) fell to 52-week lows; down 10.06% or 0.48 to 4.29. Shares in Huawen Media Investment Corp (SZ:000793) fell to 5-year lows; falling 9.98% or 0.55 to 4.96. Shares in Guizhou Xinbang Pharmaceutical Co Ltd (SZ:002390) fell to 3-years lows; down 4.91% or 0.35 to 6.78.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 22.66.
Gold Futures for August delivery was down 0.07% or 0.80 to $1223.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.45% or 0.31 to hit $68.55 a barrel, while the September Brent oil contract rose 0.70% or 0.51 to trade at $73.09 a barrel.
USD/CNY was up 0.07% to 6.7786, while EUR/CNY rose 0.05% to 7.8909.
The US Dollar Index Futures was down 0.02% at 94.96.