China shares higher at close of trade; Shanghai Composite up 0.41%

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China shares higher at close of trade; Shanghai Composite up 0.41%
Credit: © Reuters.

Investing.com – China equities were higher at the close on Friday, as gains in the Technology Hardware & Equipment , Real Estate Investments & Services and Technology sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 0.41% to hit a new 1-month high, while the SZSE Component index added 0.75%.

The biggest gainers of the session on the Shanghai Composite were Zhejiang Shenghua Biok Biology Co Ltd (SS: 600226 ), which rose 10.12% or 0.340 points to trade at 3.700 at the close. Ningbo Yunsheng Co Ltd (SS: 600366 ) added 10.09% or 0.570 points to end at 6.220 and Shang Gong Group Co Ltd B (SS: 900924 ) was up 10.06% or 0.067 points to 0.733 in late trade.

Biggest losers included Sichuan Minjiang Hydropower Co Ltd (SS: 600131 ), which lost 10.02% or 1.200 points to trade at 10.780 in late trade. Hua Xin Cement (SS: 900933 ) declined 7.28% or 0.139 points to end at 1.770 and Shanghai Yahong Moulding Co Ltd (SS: 603159 ) shed 3.91% or 0.810 points to 19.880.

The top performers on the SZSE Component were Sichuan Shuangma Cement Co Ltd (SZ: 000935 ) which rose 10.02% to 18.12, GuangDong Huasheng Electrical Appliances Co Ltd (SZ: 002670 ) which was up 10.01% to settle at 11.32 and Do-Fluoride Chemicals Co Ltd (SZ: 002407 ) which gained 9.97% to close at 11.80.

The worst performers were Vtron Technologies Ltd (SZ: 002308 ) which was down 10.05% to 5.280 in late trade, Jiangsu Shagang Co Ltd (SZ: 002075 ) which lost 10.01% to settle at 14.48 and Zhonghong Holding Co Ltd (SZ: 000979 ) which was down 9.46% to 0.67 at the close.

Advancing stocks outnumbered falling ones by 952 to 438 and 83 ended unchanged on the Shanghai Stock Exchange.

The CBOE China Etf Volatility , which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 31.99.

In commodities trading, Gold Futures for December delivery was up 1.42% or 17.00 to $1216.20 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.81% or 0.46 to hit $56.92 a barrel, while the January Brent oil contract rose 1.02% or 0.68 to trade at $67.30 a barrel.

USD/CNY was up 0.03% to 6.9414, while EUR/CNY rose 0.26% to 7.8802.

The US Dollar Index Futures was down 0.04% at 96.75.

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