China shares higher at close of trade; Shanghai Composite up 2.18%

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China shares higher at close of trade; Shanghai Composite up 2.18%
Credit: © Reuters.

Investing.com – China equities were higher at the close on Thursday, as gains in the Technology Hardware & Equipment , Technology and Software & Computer Services sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 2.18%, while the SZSE Component index climbed 2.77%.

The biggest gainers of the session on the Shanghai Composite were Starlake Bioscience Co Inc Zhaoqing Guangdong (SS: 600866 ), which rose 10.12% or 0.420 points to trade at 4.570 at the close. Start Group (SS: 600734 ) added 10.05% or 0.620 points to end at 6.790 and Zhejiang XCC Group Co Ltd (SS: 603667 ) was up 10.03% or 1.080 points to 11.850 in late trade.

Biggest losers included Jiangquan Ind (SS: 600212 ), which lost 10.04% or 0.560 points to trade at 5.020 in late trade. Fujian Furi Electronics Co Ltd (SS: 600203 ) declined 9.99% or 0.85 points to end at 7.66 and Ningxia Xinri Hengli Steel Wire Rope Co Ltd (SS: 600165 ) shed 9.95% or 0.970 points to 8.780.

The top performers on the SZSE Component were Shenzhen Worldunion Properties Consultancy Inc (SZ: 002285 ) which rose 10.07% to 6.34, Anhui Shengyun Environment-Protection Group Co Ltd (SZ: 300090 ) which was up 10.06% to settle at 3.94 and Suzhou Anjie Technology Co Ltd (SZ: 002635 ) which gained 10.03% to close at 18.43.

The worst performers were Yinji Entertainment Media Co Ltd (SZ: 002143 ) which was down 9.99% to 7.93 in late trade, Shenzhen Jiawei Photovoltaic Lighting Co Ltd (SZ: 300317 ) which lost 1.00% to settle at 7.96 and ShenZhen YUTO Packaging Technology Co Ltd (SZ: 002831 ) which was down 0.70% to 53.90 at the close.

Advancing stocks outnumbered falling ones by 1366 to 41 and 4 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 24.24.

In commodities trading, Gold Futures for August delivery was up 0.04% or 0.50 to $1244.90 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.48% or 0.34 to hit $70.72 a barrel, while the September Brent oil contract rose 1.62% or 1.19 to trade at $74.59 a barrel.

USD/CNY was down 0.11% to 6.6733, while EUR/CNY fell 0.07% to 7.7947.

The US Dollar Index Futures was up 0.01% at 94.49.

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