Investing.com – China equities were higher at the close on Thursday, as gains in the Oil Equipment Services & Distribution, Life Insurance and Gas, Water & Multiutilities sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.85%, while the SZSE Component index gained 1.02%.
The biggest gainers of the session on the Shanghai Composite were Aluminum Corp of China Ltd (SS:601600), which rose 10.11% or 0.470 points to trade at 5.120 at the close. Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd (SS:600332) added 10.02% or 2.750 points to end at 30.200 and Shanghai LongYun Advertising & Media Co Ltd (SS:603729) was up 10.01% or 5.58 points to 61.35 in late trade.
Biggest losers included Shanghai U9 Game Co Ltd (SS:600652), which lost 7.45% or 0.520 points to trade at 6.460 in late trade. Harbin Air Conditioning Co Ltd (SS:600202) declined 7.35% or 0.530 points to end at 6.680 and Hainan Haiqi Transportation Group Co Ltd (SS:603069) shed 6.83% or 0.840 points to 11.450.
The top performers on the SZSE Component were Nationz Technologies Inc (SZ:300077) which rose 10.04% to 10.41, Shenwu Environmental Tech (SZ:300156) which was up 10.03% to settle at 12.94 and Yunnan Aluminium Co Ltd (SZ:000807) which gained 9.98% to close at 8.93.
The worst performers were Zhejiang Jinke Peroxides Co Ltd (SZ:300459) which was down 7.05% to 10.55 in late trade, Shenzhen Ysstech Info-Tech Co Ltd (SZ:300377) which lost 6.00% to settle at 15.81 and Beijing Sinnet Technology Co Ltd (SZ:300383) which was down 5.24% to 15.90 at the close.
Advancing stocks outnumbered falling ones by 770 to 508 and 88 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 7.60% to 22.14 a new 1-month low.
In commodities trading, Gold Futures for June delivery was up 0.30% or 4.00 to $1357.50 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.93% or 0.64 to hit $69.11 a barrel, while the June Brent oil contract rose 1.02% or 0.75 to trade at $74.23 a barrel.
USD/CNY was down 0.06% to 6.2707, while EUR/CNY rose 0.11% to 7.7741.
The US Dollar Index Futures was down 0.10% at 89.26.