Investing.com – China stocks were higher after the close on Thursday, as gains in the Life Insurance, Technology Hardware & Equipment and Retailers sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 0.33% to hit a new 52-week high, while the SZSE Component index climbed 0.21%.
The best performers of the session on the Shanghai Composite were Jinxi Axle Co Ltd (SS:600495), which rose 10.06% or 0.690 points to trade at 7.550 at the close. Meanwhile, Gem-Year Industrial Co Ltd (SS:601002) added 10.05% or 0.940 points to end at 10.290 and Shanghai Material Trading Co Ltd A (SS:600822) was up 10.02% or 1.560 points to 17.130 in late trade.
The worst performers of the session were Xinke Material (SS:600255), which fell 5.70% or 0.290 points to trade at 4.800 at the close. Zhejiang Huazheng New Material Co Ltd (SS:603186) declined 5.36% or 1.83 points to end at 32.30 and Guangxi Liuzhou Pharmaceutical Co Ltd (SS:603368) was down 5.16% or 3.01 points to 55.29.
The top performers on the SZSE Component were Shenzhen Coship Electronics Co Ltd (SZ:002052) which rose 10.03% to 6.80, Shandong Realcan Pharmaceutical Co Ltd (SZ:002589) which was up 7.02% to settle at 15.85 and ZTE Corp (SZ:000063) which gained 6.12% to close at 30.00.
The worst performers were Jiangsu Xinmin Textile Science & Technology Co Ltd (SZ:002127) which was down 9.98% to 15.06 in late trade, Beijing Sanju Environmental (SZ:300072) which lost 5.47% to settle at 35.92 and Suofeiya Home Collection Co Ltd (SZ:002572) which was down 4.96% to 40.39 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 834 to 435 and 69 ended unchanged.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was up 5.95% to 19.78 a new 1-month high.
Gold Futures for December delivery was up 0.08% or 0.99 to $1279.99 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.29% or 0.15 to hit $52.03 a barrel, while the December Brent oil contract fell 0.31% or 0.18 to trade at $58.26 a barrel.
USD/CNY was down 0.09% to 6.6336, while EUR/CNY fell 0.06% to 7.8387.
The US Dollar Index Futures was up 0.01% at 93.54.