Investing.com – China stocks were higher after the close on Thursday, as gains in the Telecoms, Mobile and Real Estate Investments & Services sectors led shares higher.
At the close in Shanghai, the Shanghai Composite rose 5.79%, while the SZSE Component index added 4.25%.
The best performers of the session on the Shanghai Composite were Maanshan Iron SS (SS:600808), which rose 10.13% or 0.390 points to trade at 4.240 at the close. Meanwhile, Fujian Express (SS:600033) added 10.13% or 0.380 points to end at 4.130 and Yunnan Coal En (SS:600792) was up 10.11% or 0.460 points to 5.010 in late trade.
The worst performers of the session were Cheng Cheng (SS:600247), which fell 5.01% or 0.950 points to trade at 18.020 at the close. Songliao Auto (SS:600715) declined 4.98% or 1.300 points to end at 24.790 and Zhongyuan Unio (SS:600645) was 0.00% or 0.000 points to 79.230.
The top performers on the SZSE Component were Pangang Group Vanadium Titanium & Resources Co Ltd (SZ:000629) which rose 10.15% to 3.58, Tieling Newcity Investment Holding Ltd (SZ:000809) which was up 10.08% to settle at 6.77 and Huatian Hotel Group Co Ltd (SZ:000428) which gained 10.08% to close at 6.55.
The worst performers were Accelink Technologies Co Ltd (SZ:002281) which was unchanged 0.00% to 33.87 in late trade, Advanced Technology & Materials Co Ltd (SZ:000969) which unchanged 0% to settle at 9.70 and Aerospace Hi-Tech Holding Group Co Ltd (SZ:000901) which was unchanged 0% to 40.82 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 684 to 2.
Shares in Zhongyuan Unio (SS:600645) unchanged to all time highs; unchanged 0.00% or 0.000 to 79.230.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 29.20% to 46.81 a new 3-years high.
Gold for August delivery was down 0.07% or 0.80 to $1162.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.63% or 0.84 to hit $52.49 a barrel, while the August Brent oil contract rose 1.24% or 0.71 to trade at $57.76 a barrel.
USD/CNY was down 0.01% to 6.2085, while EUR/CNY fell 0.20% to 6.8642.
The US Dollar Index was up 0.22% at 96.59.