Investing.com – China equities were higher at the close on Friday, as gains in the Banking, Real Estate Investments & Services and Life Insurance sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.39%, while the SZSE Component index climbed 0.29%.
The biggest gainers of the session on the Shanghai Composite were Poten Environment Group Co Ltd (SS:603603), which rose 10.00% or 1.58 points to trade at 17.38 at the close. Beijing Bashi Media Co Ltd (SS:600386) added 10.00% or 0.350 points to end at 3.850 and Lanzhou Greatwall Electrical Co Ltd (SS:600192) was up 10.00% or 0.540 points to 5.940 in late trade.
Biggest losers included Guizhou Changzheng Tiancheng Holding Co Ltd (SS:600112), which lost 10.07% or 0.450 points to trade at 4.020 in late trade. Shanghai Huili Building Materials Co Ltd (SS:900939) declined 10.01% or 0.077 points to end at 0.692 and Guangdong Sitong Group Co Ltd (SS:603838) shed 10.00% or 0.93 points to 8.37.
The top performers on the SZSE Component were CITIC Guoan Information Industry Co Ltd (SZ:000839) which rose 9.94% to 3.54, Yangzhou Yangjie Electronic Technology Co Ltd (SZ:300373) which was up 9.49% to settle at 17.08 and Wuxi Lead Auto Equipment Co Ltd (SZ:300450) which gained 7.39% to close at 30.82.
The worst performers were Beihai Yinhe Industry Investment Co Ltd (SZ:000806) which was down 10.09% to 3.92 in late trade, Goldleaf Jewelry Co Ltd (SZ:000587) which lost 10.07% to settle at 2.59 and Beijing Baofeng Technology Co Ltd (SZ:300431) which was down 10.00% to 8.01 at the close.
Declining stocks outnumbered rising ones by 985 to 438 and 58 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 20.96 a new 3-month low.
In commodities trading, Gold Futures for February delivery was up 0.24% or 3.05 to $1282.85 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.13% or 0.60 to hit $53.73 a barrel, while the March Brent oil contract rose 0.93% or 0.57 to trade at $61.66 a barrel.
USD/CNY was down 0.30% to 6.7631, while EUR/CNY fell 0.15% to 7.6571.
The US Dollar Index Futures was down 0.20% at 96.107.