Investing.com – China equities were higher at the close on Friday, as gains in the Oil Equipment Services & Distribution, Travel & Leisure and Real Estate Investments & Services sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 1.54% to hit a new 3-year high, while the SZSE Component index gained 0.85%.
The biggest gainers of the session on the Shanghai Composite were Cn Xd Electric (SS:601179), which rose 10.04% or 1.290 points to trade at 14.140 at the close. Huaxin Cement (SS:600801) added 10.04% or 1.270 points to end at 13.920 and Huayin Elec (SS:600744) was up 10.04% or 1.290 points to 14.140 in late trade.
Biggest losers included Furen Pharmace (SS:600781), which lost 9.79% or 3.840 points to trade at 35.400 in late trade. Dahua Chemical (SS:900951) declined 6.71% or 0.122 points to end at 1.695 and Shanghai Huili (SS:900939) shed 6.65% or 0.145 points to 2.035.
The top performers on the SZSE Component were Financial Street Holdings Co Ltd (SZ:000402) which rose 4.87% to 14.65, Luzhou Lao Jiao Co Ltd (SZ:000568) which was up 4.30% to settle at 28.11 and China Vanke Co Ltd (SZ:000002) which gained 3.87% to close at 15.57.
The worst performers were BYD Co Ltd (SZ:002594) which was down 4.92% to 79.49 in late trade, Iflytek Co Ltd (SZ:002230) which lost 2.68% to settle at 53.80 and Beijing Originwater Technology (SZ:300070) which was down 2.58% to 58.50 at the close.
Advancing stocks outnumbered falling ones by 694 to 255 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 5.02% to 31.37.
In commodities trading, Gold for August delivery was up 0.13% or 1.50 to $1176.70 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.72% or 0.41 to hit $57.59 a barrel, while the July Brent oil contract fell 0.47% or 0.29 to trade at $61.74 a barrel.
USD/CNY was up 0.08% to 6.2061, while EUR/CNY rose 0.20% to 6.9837.
The US Dollar Index was up 0.00% at 95.50.