Investing.com – China stocks were higher after the close on Friday, as gains in the Software & Computer Services, Technology and Financials sectors led shares higher.
At the close in Shanghai, the Shanghai Composite rose 2.05%, while the SZSE Component index climbed 2.76%.
The best performers of the session on the Shanghai Composite were Pengqi Technology Development Co Ltd B (SS:900907), which rose 10.11% or 0.046 points to trade at 0.501 at the close. Meanwhile, Pengqi Technology Development Co Ltd A (SS:600614) added 10.11% or 0.440 points to end at 4.790 and Southwest Securities Co Ltd (SS:600369) was up 10.11% or 0.370 points to 4.030 in late trade.
The worst performers of the session were Nanjing Panda Electronics Co Ltd (SS:600775), which fell 8.82% or 0.82 points to trade at 8.48 at the close. Ningbo Joyson Electronic Corp (SS:600699) declined 6.89% or 1.590 points to end at 21.500 and GuangDong Super Telecom Co Ltd (SS:603322) was down 4.94% or 1.600 points to 30.800.
The top performers on the SZSE Component were Goldleaf Jewelry Co Ltd (SZ:000587) which rose 10.20% to 2.81, Sealand Securities Co Ltd (SZ:000750) which was up 10.08% to settle at 5.35 and First Capital Securities Co Ltd Class A (SZ:002797) which gained 10.05% to close at 6.13.
The worst performers were Zhejiang Narada Power Source (SZ:300068) which was down 5.02% to 13.42 in late trade, Suzhou Dongshan Precision Manufacturing Co Ltd (SZ:002384) which lost 3.89% to settle at 9.64 and Zhongtian Urban Development Group Co Ltd (SZ:000540) which was down 3.55% to 3.80 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1404 to 65 and 9 ended unchanged.
Shares in Zhongtian Urban Development Group Co Ltd (SZ:000540) fell to 3-years lows; down 3.55% or 0.14 to 3.80.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 27.41.
Gold Futures for February delivery was up 0.11% or 1.45 to $1296.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.36% or 0.64 to hit $47.73 a barrel, while the March Brent oil contract rose 1.14% or 0.64 to trade at $56.59 a barrel.
USD/CNY was down 0.10% to 6.8654, while EUR/CNY rose 0.02% to 7.8291.
The US Dollar Index Futures was down 0.07% at 95.812.