Investing.com – China stocks were higher after the close on Friday, as gains in the Life Insurance, Software & Computer Services and Real Estate Investments & Services sectors led shares higher.
At the close in Shanghai, the Shanghai Composite rose 2.58%, while the SZSE Component index climbed 2.79%.
The best performers of the session on the Shanghai Composite were Sundy Land Investment Co Ltd (SS:600077), which rose 10.18% or 0.230 points to trade at 2.490 at the close. Meanwhile, Routon Electronic Co Ltd (SS:600355) added 10.12% or 0.260 points to end at 2.830 and Henan Huanghe Whirlwind Co Ltd (SS:600172) was up 10.11% or 0.280 points to 3.050 in late trade.
The worst performers of the session were Kangmei Pharmaceutical Co Ltd (SS:600518), which fell 10.01% or 1.620 points to trade at 14.570 at the close. Wanhua Chemical Group Co Ltd (SS:600309) declined 10.00% or 3.560 points to end at 32.030 and Neway Valve Suzhou Co Ltd (SS:603699) was down 9.96% or 1.210 points to 10.940.
The top performers on the SZSE Component were Guangdong Eastone Century Technology Co Ltd (SZ:300310) which rose 10.11% to 3.92, Hand Enterprise Solutions Co (SZ:300170) which was up 10.05% to settle at 10.84 and Xinzhi Motor Co Ltd (SZ:002664) which gained 10.05% to close at 11.17.
The worst performers were Wonders Information (SZ:300168) which was down 9.99% to 12.07 in late trade, Jiuzhitang Co Ltd (SZ:000989) which lost 9.78% to settle at 10.15 and Meisheng Cultural & Creative Corp Ltd (SZ:002699) which was down 9.08% to 6.21 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 1303 to 138 and 24 ended unchanged.
Shares in Kangmei Pharmaceutical Co Ltd (SS:600518) fell to 52-week lows; losing 10.01% or 1.620 to 14.570. Shares in Wanhua Chemical Group Co Ltd (SS:600309) fell to 52-week lows; down 10.00% or 3.560 to 32.030. Shares in Wonders Information (SZ:300168) fell to 5-year lows; down 9.99% or 1.34 to 12.07. Shares in Jiuzhitang Co Ltd (SZ:000989) fell to 5-year lows; down 9.78% or 1.10 to 10.15. Shares in Meisheng Cultural & Creative Corp Ltd (SZ:002699) fell to 3-years lows; falling 9.08% or 0.62 to 6.21.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 30.56 a new 6-months high.
Gold Futures for December delivery was down 0.10% or 1.20 to $1228.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.31% or 0.21 to hit $68.86 a barrel, while the December Brent oil contract rose 0.42% or 0.33 to trade at $79.62 a barrel.
USD/CNY was down 0.06% to 6.9335, while EUR/CNY fell 0.10% to 7.9344.
The US Dollar Index Futures was up 0.05% at 95.77.