China shares higher at close of trade; Shanghai Composite up 1.86%

Investing.com – China equities were higher at the close on Thursday, as gains in the Retailers , Oil Equipment Services & Distribution and Travel & Leisure sectors propelled shares higher.

At the close in Shanghai, the Shanghai Composite added 1.86%, while the SZSE Component index added 1.88%.

The biggest gainers of the session on the Shanghai Composite were Shanghai Hugong Electric Group Co Ltd (SS: 603131 ), which rose 10.02% or 1.650 points to trade at 18.110 at the close. Comefly Outdoor Co Ltd (SS: 603908 ) added 10.01% or 3.13 points to end at 34.40 and Shanghai Sanmao Enterprise Group Co Ltd A (SS: 600689 ) was up 10.01% or 1.180 points to 12.970 in late trade.

Biggest losers included Jien Nickel (SS: 600432 ), which lost 10.05% or 0.610 points to trade at 5.460 in late trade. Shenji Group Kunming Machine Tool Co Ltd (SS: 600806 ) declined 10.00% or 0.580 points to end at 5.220 and Shanghai Jiabao Industry & Commerce Group Co Ltd (SS: 600622 ) shed 9.88% or 1.080 points to 9.850.

The top performers on the SZSE Component were Dongguan Souyute Fashion Co Ltd (SZ: 002503 ) which rose 7.98% to 4.06, Hedy Holding Co Ltd (SZ: 002027 ) which was up 7.95% to settle at 12.49 and Suning Commerce Group Co Ltd (SZ: 002024 ) which gained 7.46% to close at 16.27.

The worst performers were Jiangsu Changfa Refrigeration Co Ltd (SZ: 002413 ) which was down 10.00% to 7.65 in late trade, Zhejiang Huace Film TV Co (SZ: 300133 ) which lost 8.06% to settle at 10.04 and Apex Technology Co Ltd (SZ: 002180 ) which was down 7.33% to 31.50 at the close.

Advancing stocks outnumbered falling ones by 1208 to 136 and 34 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 22.00.

In commodities trading, Gold Futures for June delivery was up 0.30% or 3.90 to $1305.40 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.26% or 0.18 to hit $68.03 a barrel, while the August Brent oil contract fell 0.37% or 0.29 to trade at $77.43 a barrel.

USD/CNY was down 0.20% to 6.4049, while EUR/CNY rose 0.07% to 7.4932.

The US Dollar Index Futures was down 0.24% at 93.83.