China shares higher at close of trade; Shanghai Composite up 0.23%

Investing.com – China equities were higher at the close on Friday, as gains in the Electricity , Utilities and Retailers sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite rose 0.23%, while the SZSE Component index added 0.31%.

The biggest gainers of the session on the Shanghai Composite were Hna Innovation Hainan Co Ltd A (SS: 600555 ), which rose 10.04% or 0.53 points to trade at 5.81 at the close. Hunan Copote Science Technology Co Ltd (SS: 600476 ) added 9.99% or 1.720 points to end at 18.940 and Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd (SS: 600332 ) was up 9.99% or 3.200 points to 35.230 in late trade.

Biggest losers included Jiangsu SOPO Chemical Co Ltd (SS: 600746 ), which lost 10.06% or 0.730 points to trade at 6.530 in late trade. Hisense Electric Co Ltd (SS: 600060 ) declined 10.02% or 1.490 points to end at 13.380 and Ningbo United Group Co Ltd (SS: 600051 ) shed 10.02% or 0.880 points to 7.900.

The top performers on the SZSE Component were Beijing Enlight Media (SZ: 300251 ) which rose 9.97% to 11.58, Wuxi Lead Auto Equipment Co Ltd (SZ: 300450 ) which was up 6.41% to settle at 62.79 and Shenwu Environmental Tech (SZ: 300156 ) which gained 5.94% to close at 12.49.

The worst performers were Thunder Software Technology Co Ltd (SZ: 300496 ) which was down 9.99% to 35.77 in late trade, Nationz Technologies Inc (SZ: 300077 ) which lost 9.26% to settle at 11.37 and Goldenmax International Technology Ltd (SZ: 002636 ) which was down 8.63% to 11.11 at the close.

Advancing stocks outnumbered falling ones by 808 to 505 and 59 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 22.87.

In commodities trading, Gold Futures for June delivery was down 0.06% or 0.80 to $1317.10 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.44% or 0.30 to hit $67.89 a barrel, while the June Brent oil contract fell 0.37% or 0.28 to trade at $74.46 a barrel.

USD/CNY was down 0.29% to 6.3412, while EUR/CNY fell 0.23% to 7.6521.

The US Dollar Index Futures was up 0.25% at 91.62.