Investing.com – China equities were higher at the close on Thursday, as gains in the Life Insurance, Technology Hardware & Equipment and Retailers sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite added 0.33% to hit a new 52-week high, while the SZSE Component index climbed 0.21%.
The biggest gainers of the session on the Shanghai Composite were Jinxi Axle Co Ltd (SS:600495), which rose 10.06% or 0.690 points to trade at 7.550 at the close. Gem-Year Industrial Co Ltd (SS:601002) added 10.05% or 0.940 points to end at 10.290 and Shanghai Material Trading Co Ltd A (SS:600822) was up 10.02% or 1.560 points to 17.130 in late trade.
Biggest losers included Xinke Material (SS:600255), which lost 5.70% or 0.290 points to trade at 4.800 in late trade. Zhejiang Huazheng New Material Co Ltd (SS:603186) declined 5.36% or 1.83 points to end at 32.30 and Guangxi Liuzhou Pharmaceutical Co Ltd (SS:603368) shed 5.16% or 3.01 points to 55.29.
The top performers on the SZSE Component were Shenzhen Coship Electronics Co Ltd (SZ:002052) which rose 10.03% to 6.80, Shandong Realcan Pharmaceutical Co Ltd (SZ:002589) which was up 7.02% to settle at 15.85 and ZTE Corp (SZ:000063) which gained 6.12% to close at 30.00.
The worst performers were Jiangsu Xinmin Textile Science & Technology Co Ltd (SZ:002127) which was down 9.98% to 15.06 in late trade, Beijing Sanju Environmental (SZ:300072) which lost 5.47% to settle at 35.92 and Suofeiya Home Collection Co Ltd (SZ:002572) which was down 4.96% to 40.39 at the close.
Advancing stocks outnumbered falling ones by 834 to 435 and 69 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 5.95% to 19.78 a new 1-month high.
In commodities trading, Gold Futures for December delivery was up 0.08% or 0.97 to $1279.97 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.31% or 0.16 to hit $52.02 a barrel, while the December Brent oil contract fell 0.31% or 0.18 to trade at $58.26 a barrel.
USD/CNY was down 0.09% to 6.6336, while EUR/CNY fell 0.06% to 7.8387.
The US Dollar Index Futures was up 0.01% at 93.54.