Investing.com – China equities were higher at the close on Friday, as gains in the Gas, Water & Multiutilities, Technology Hardware & Equipment and Technology sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 3.51%, while the SZSE Component index gained 5.24%.
The biggest gainers of the session on the Shanghai Composite were Tengda Constr (SS:600512), which rose 10.09% or 0.440 points to trade at 4.800 at the close. Yunnan Yunwei (SS:600725) added 10.08% or 0.660 points to end at 7.210 and Ancai Hi-Tech (SS:600207) was up 10.08% or 0.620 points to 6.770 in late trade.
Biggest losers included Petrochina SS (SS:601857), which lost 1.72% or 0.230 points to trade at 13.170 in late trade. Jiangzhong Phm (SS:600750) declined 1.61% or 0.700 points to end at 42.770 and Bank Of China SS (SS:601988) shed 0.96% or 0.050 points to 5.180.
The top performers on the SZSE Component were Huamei Holding (SZ:000607) which rose 10.05% to 11.61, Guangxi Liugong Machinery Co Ltd (SZ:000528) which was up 10.05% to settle at 10.51 and Zhuhai Port Co Ltd (SZ:000507) which gained 10.04% to close at 8.00.
The worst performers were Anhui Deli Household Glass Co Ltd (SZ:002571) which was unchanged 0% to 18.46 in late trade, Beihai Yinhe Industry Investment Co Ltd (SZ:000806) which unchanged 0% to settle at 26.90 and Anhui Zhongding Sealing Parts Co Ltd (SZ:000887) which was unchanged 0% to 24.75 at the close.
Advancing stocks outnumbered falling ones by 949 to 9 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 5.94% to 30.23.
In commodities trading, Gold for August delivery was up 0.02% or 0.20 to $1144.10 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.17% or 0.09 to hit $50.99 a barrel, while the September Brent oil contract rose 0.47% or 0.27 to trade at $57.19 a barrel.
USD/CNY was unchanged 0.00% to 6.2095, while EUR/CNY rose 0.23% to 6.7705.
The US Dollar Index was down 0.19% at 97.58.