Investing.com – China equities were mixed at the close on Thursday, as gains in the Oil Equipment Services & Distribution, Life Insurance and Telecoms sectors propelled shares higher while losses in the Software & Computer Services, Technology and Technology Hardware & Equipment sectors led shares lower.
At the close in Shanghai, the Shanghai Composite rose 0.59%, while the SZSE Component index declined 0.35%.
The biggest gainers of the session on the Shanghai Composite were Xiamen Xgma (SS:600815), which rose 10.03% or 1.110 points to trade at 12.180 at the close. Phoenix Proper (SS:600716) added 10.03% or 1.160 points to end at 12.730 and Baihuacun (SS:600721) was up 10.03% or 1.230 points to 13.490 in late trade.
Biggest losers included Sinojit Tech (SS:601218), which lost 10.02% or 1.200 points to trade at 10.780 in late trade. Xin Nanyang (SS:600661) declined 10.01% or 5.120 points to end at 46.040 and Faway Auto (SS:600742) shed 10.01% or 3.880 points to 34.890.
The top performers on the SZSE Component were Luzhou Lao Jiao Co Ltd (SZ:000568) which rose 6.52% to 24.51, Henan Shuanghui Investment & Development Co Ltd (SZ:000895) which was up 6.37% to settle at 36.55 and China Merchants Property Development Co Ltd (SZ:000024) which gained 5.06% to close at 28.25.
The worst performers were Zhejiang Dahua Technology Co Ltd (SZ:002236) which was down 5.76% to 33.36 in late trade, Iflytek Co Ltd (SZ:002230) which lost 5.06% to settle at 48.78 and Suning Commerce Group Co Ltd (SZ:002024) which was down 4.38% to 13.09 at the close.
Declining stocks outnumbered rising ones by 541 to 422 on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 0.05% to 20.14 a new 6-month low.
In commodities trading, Gold for April delivery was up 0.53% or 6.40 to $1203.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 4.60% or 2.27 to hit $51.48 a barrel, while the May Brent oil contract rose 4.73% or 2.67 to trade at $58.97 a barrel.
USD/CNY was up 0.06% to 6.2145, while EUR/CNY rose 0.26% to 6.8360.
The US Dollar Index was down 0.37% at 96.72.