Investing.com – China stocks were higher after the close on Thursday, as gains in the Media, Software & Computer Services and Technology sectors led shares higher.
At the close in Shanghai, the Shanghai Composite added 0.89%, while the SZSE Component index climbed 1.04%.
The best performers of the session on the Shanghai Composite were Huayuan Proper (SS:600743), which rose 10.07% or 0.540 points to trade at 5.900 at the close. Meanwhile, Kailuan (SS:600997) added 10.06% or 0.510 points to end at 5.580 and Ningbo Orient Wires and Cables (SS:603606) was up 10.04% or 1.26 points to 13.81 in late trade.
The worst performers of the session were Xinjiang Tiany (SS:600075), which fell 10.00% or 1.44 points to trade at 12.96 at the close. Harbin Air Con (SS:600202) declined 9.98% or 1.880 points to end at 16.960 and Jiangquan Ind (SS:600212) was down 9.97% or 1.220 points to 11.020.
The top performers on the SZSE Component were Glodon Software Co Ltd (SZ:002410) which rose 10.03% to 15.14, Shenzhen Yan Tian Port Holdings Co Ltd (SZ:000088) which was up 10.03% to settle at 8.23 and Shaanxi Ligeance Mineral Resources Co Ltd (SZ:000697) which gained 10.02% to close at 19.55.
The worst performers were China Merchants Property Development Co Ltd (SZ:000024) which was down 9.99% to 28.48 in late trade, Shanghai STEP Electric Corp (SZ:002527) which lost 9.99% to settle at 25.05 and Beijing Philisense Tech (SZ:300287) which was down 8.93% to 16.21 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 837 to 118.
Shares in Beijing Philisense Tech (SZ:300287) fell to 52-week lows; falling 8.93% or 1.59 to 16.21.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 1.83% to 40.64.
Gold for December delivery was up 0.35% or 4.00 to $1135.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.90% or 0.40 to hit $44.88 a barrel, while the November Brent oil contract rose 0.62% or 0.29 to trade at $48.05 a barrel.
USD/CNY was down 0.04% to 6.3812, while EUR/CNY rose 0.26% to 7.1560.
The US Dollar Index was down 0.29% at 96.12.