Investing.com – China equities were higher at the close on Friday, as gains in the Software & Computer Services, Technology and Financials sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite rose 2.05%, while the SZSE Component index added 2.76%.
The biggest gainers of the session on the Shanghai Composite were Pengqi Technology Development Co Ltd B (SS:900907), which rose 10.11% or 0.046 points to trade at 0.501 at the close. Pengqi Technology Development Co Ltd A (SS:600614) added 10.11% or 0.440 points to end at 4.790 and Southwest Securities Co Ltd (SS:600369) was up 10.11% or 0.370 points to 4.030 in late trade.
Biggest losers included Nanjing Panda Electronics Co Ltd (SS:600775), which lost 8.82% or 0.82 points to trade at 8.48 in late trade. Ningbo Joyson Electronic Corp (SS:600699) declined 6.89% or 1.590 points to end at 21.500 and GuangDong Super Telecom Co Ltd (SS:603322) shed 4.94% or 1.600 points to 30.800.
The top performers on the SZSE Component were Goldleaf Jewelry Co Ltd (SZ:000587) which rose 10.20% to 2.81, Sealand Securities Co Ltd (SZ:000750) which was up 10.08% to settle at 5.35 and First Capital Securities Co Ltd Class A (SZ:002797) which gained 10.05% to close at 6.13.
The worst performers were Zhejiang Narada Power Source (SZ:300068) which was down 5.02% to 13.42 in late trade, Suzhou Dongshan Precision Manufacturing Co Ltd (SZ:002384) which lost 3.89% to settle at 9.64 and Zhongtian Urban Development Group Co Ltd (SZ:000540) which was down 3.55% to 3.80 at the close.
Advancing stocks outnumbered falling ones by 1404 to 65 and 9 ended unchanged on the Shanghai Stock Exchange.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was unchanged 0.00% to 27.41.
In commodities trading, Gold Futures for February delivery was up 0.11% or 1.45 to $1296.25 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.40% or 0.66 to hit $47.75 a barrel, while the March Brent oil contract rose 1.16% or 0.65 to trade at $56.60 a barrel.
USD/CNY was down 0.10% to 6.8654, while EUR/CNY rose 0.02% to 7.8287.
The US Dollar Index Futures was down 0.06% at 95.822.