Investing.com – China equities were higher at the close on Friday, as gains in the Life Insurance, Software & Computer Services and Real Estate Investments & Services sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite rose 2.58%, while the SZSE Component index gained 2.79%.
The biggest gainers of the session on the Shanghai Composite were Sundy Land Investment Co Ltd (SS:600077), which rose 10.18% or 0.230 points to trade at 2.490 at the close. Routon Electronic Co Ltd (SS:600355) added 10.12% or 0.260 points to end at 2.830 and Henan Huanghe Whirlwind Co Ltd (SS:600172) was up 10.11% or 0.280 points to 3.050 in late trade.
Biggest losers included Kangmei Pharmaceutical Co Ltd (SS:600518), which lost 10.01% or 1.620 points to trade at 14.570 in late trade. Wanhua Chemical Group Co Ltd (SS:600309) declined 10.00% or 3.560 points to end at 32.030 and Neway Valve Suzhou Co Ltd (SS:603699) shed 9.96% or 1.210 points to 10.940.
The top performers on the SZSE Component were Guangdong Eastone Century Technology Co Ltd (SZ:300310) which rose 10.11% to 3.92, Hand Enterprise Solutions Co (SZ:300170) which was up 10.05% to settle at 10.84 and Xinzhi Motor Co Ltd (SZ:002664) which gained 10.05% to close at 11.17.
The worst performers were Wonders Information (SZ:300168) which was down 9.99% to 12.07 in late trade, Jiuzhitang Co Ltd (SZ:000989) which lost 9.78% to settle at 10.15 and Meisheng Cultural & Creative Corp Ltd (SZ:002699) which was down 9.08% to 6.21 at the close.
Advancing stocks outnumbered falling ones by 1303 to 138 and 24 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 30.56 a new 6-month high.
In commodities trading, Gold Futures for December delivery was down 0.08% or 1.00 to $1229.10 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.28% or 0.19 to hit $68.84 a barrel, while the December Brent oil contract rose 0.40% or 0.32 to trade at $79.61 a barrel.
USD/CNY was down 0.07% to 6.9332, while EUR/CNY fell 0.09% to 7.9351.
The US Dollar Index Futures was up 0.05% at 95.77.