Investing.com – China equities were higher at the close on Thursday, as gains in the Life Insurance, Gas, Water & Multiutilities and Telecoms sectors propelled shares higher.
At the close in Shanghai, the Shanghai Composite gained 1.15%, while the SZSE Component index climbed 0.65%.
The biggest gainers of the session on the Shanghai Composite were Guizhou Wire Rope Co Ltd (SS:600992), which rose 10.07% or 0.740 points to trade at 8.090 at the close. Universal Scientific Industrial Shanghai Co Ltd (SS:601231) added 10.06% or 0.840 points to end at 9.190 and Changchun Gas Co Ltd (SS:600333) was up 10.04% or 0.530 points to 5.810 in late trade.
Biggest losers included Zhejiang Golden Eagle Co Ltd (SS:600232), which lost 10.05% or 0.580 points to trade at 5.190 in late trade. Jiangsu Changjiang Electronics Technology Co Ltd (SS:600584) declined 10.00% or 1.420 points to end at 12.780 and GuangYuYuan Chinese Herbal Medicine Co Ltd (SS:600771) shed 10.00% or 3.600 points to 32.400.
The top performers on the SZSE Component were Guangdong Golden Dragon Development Inc (SZ:000712) which rose 10.04% to 8.66, Accelink Technologies Co Ltd (SZ:002281) which was up 7.86% to settle at 27.18 and ZTE Corp (SZ:000063) which gained 7.47% to close at 18.55.
The worst performers were Chuying Agro-Pastoral Group Co Ltd (SZ:002477) which was down 10.03% to 2.96 in late trade, Sieyuan Electric Co Ltd (SZ:002028) which lost 10.00% to settle at 13.77 and Xinzhi Motor Co Ltd (SZ:002664) which was down 10.00% to 17.28 at the close.
Advancing stocks outnumbered falling ones by 1140 to 245 and 63 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 24.71.
In commodities trading, Gold Futures for December delivery was down 0.08% or 1.00 to $1209.90 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.77% or 0.54 to hit $69.83 a barrel, while the November Brent oil contract fell 0.40% or 0.32 to trade at $79.42 a barrel.
USD/CNY was down 0.16% to 6.8492, while EUR/CNY fell 0.23% to 7.9591.
The US Dollar Index Futures was up 0.08% at 94.90.