Investing.com – China equities were higher at the close on Thursday, as gains in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 3.00%, while the SZSE Component index climbed 4.07%.
The biggest gainers of the session on the Shanghai Composite were Beih Property (SS:600791), which rose 10.08% or 0.630 points to trade at 6.880 at the close. Zhejiang Med (SS:600216) added 10.06% or 0.880 points to end at 9.630 and Conba (SS:600572) was up 10.05% or 1.080 points to 11.830 in late trade.
Biggest losers included Maling (SS:600073), which lost 9.71% or 1.310 points to trade at 12.180 in late trade. Harbin Air Con (SS:600202) declined 5.40% or 0.600 points to end at 10.520 and Js Zhongda (SS:600074) shed 5.39% or 0.74 points to 12.99.
The top performers on the SZSE Component were Juli Sling Co Ltd (SZ:002342) which rose 10.09% to 6.22, Sealand Securities Co Ltd (SZ:000750) which was up 10.06% to settle at 9.96 and Inner Mongolia Xingye Mining Co Ltd (SZ:000426) which gained 10.06% to close at 5.36.
The worst performers were Zhejiang Jingsheng Mech Electric (SZ:300316) which was down 10.00% to 23.31 in late trade, Yantai Jereh Oilfield Services Group Co Ltd (SZ:002353) which lost 9.99% to settle at 35.93 and Tianjin FAW Xiali Automobile Co Ltd (SZ:000927) which was down 4.96% to 6.13 at the close.
Advancing stocks outnumbered falling ones by 933 to 19 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 2.15% to 35.56 a new 1-month low.
In commodities trading, Gold for December delivery was down 0.41% or 4.70 to $1144.00 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.79% or 0.38 to hit $48.19 a barrel, while the November Brent oil contract rose 1.02% or 0.53 to trade at $51.85 a barrel.
USD/CNY was down 0.06% to 6.3520, while EUR/CNY rose 0.44% to 7.1738.
The US Dollar Index was down 0.36% at 95.30.