Investing.com – China stocks were higher after the close on Friday, as gains in the Software & Computer Services, Technology and Travel & Leisure sectors led shares higher.
At the close in Shanghai, the Shanghai Composite gained 2.30%, while the SZSE Component index climbed 2.60%.
The best performers of the session on the Shanghai Composite were Deluxe Family (SS:600503), which rose 10.06% or 0.810 points to trade at 8.860 at the close. Meanwhile, Long Yuan (SS:600491) added 10.04% or 1.280 points to end at 14.030 and Fudan-Forward (SS:600624) was up 10.03% or 1.800 points to 19.750 in late trade.
The worst performers of the session were Tyan Home (SS:600807), which fell 4.39% or 0.800 points to trade at 17.420 at the close. Lanzhou LS Heavy Equipment Co (SS:603169) declined 3.50% or 0.87 points to end at 23.96 and Haitong Sec SS (SS:600837) was down 3.10% or 0.890 points to 27.860.
The top performers on the SZSE Component were Huayi Brothers Media Corp (SZ:300027) which rose 10.01% to 37.90, Suning Commerce Group Co Ltd (SZ:002024) which was up 9.99% to settle at 16.07 and Iflytek Co Ltd (SZ:002230) which gained 9.80% to close at 48.38.
The worst performers were Jilin Aodong Pharmaceutical Group Co Ltd (SZ:000623) which was down 0.08% to 38.73 in late trade, Changjiang Securities Co Ltd (SZ:000783) which unchanged 0% to settle at 17.54 and China Merchants Property Development Co Ltd (SZ:000024) which was unchanged 0% to 31.96 at the close.
Rising stocks outnumbered declining ones on the Shanghai Stock Exchange by 932 to 33.
Shares in Deluxe Family (SS:600503) rose to 3-years highs; rising 10.06% or 0.810 to 8.860. Shares in Fudan-Forward (SS:600624) rose to all time highs; gaining 10.03% or 1.800 to 19.750. Shares in Huayi Brothers Media Corp (SZ:300027) rose to 52-week highs; gaining 10.01% or 3.45 to 37.90. Shares in Suning Commerce Group Co Ltd (SZ:002024) rose to all time highs; gaining 9.99% or 1.46 to 16.07.
The CBOE China Etf Volatility, which measures the implied volatility of Shanghai Composite options, was down 1.59% to 31.01.
Gold for June delivery was up 0.48% or 5.70 to $1187.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.06% or 0.04 to hit $58.98 a barrel, while the June Brent oil contract rose 0.09% or 0.06 to trade at $65.60 a barrel.
USD/CNY was unchanged 0.00% to 6.2080, while EUR/CNY fell 0.44% to 6.9616.
The US Dollar Index was up 0.10% at 94.83.