Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.92 percent to 4,120.43 points.
The Shenzhen Component Index closed 1.15 percent higher at 14,120.15 points.
The combined turnover of these two indices totaled 3.12 trillion yuan (about 444.9 billion U.S. dollars), up from 2.82 trillion yuan on the previous trading day.
Stocks related to printing and packaging, as well as media and entertainment sectors, led the gains, while financial shares suffered major losses.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 0.77 percent to close at 3,327.81 points.
The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 2.09 percent higher at 1,803.4 points.
Chinese shares close higher Friday as combined turnover tops 3 trln yuan
China's bulk commodity price index posted solid year-on-year growth in February, signaling stable market conditions and resilient underlying momentum despite a slight monthly dip due to the Spring Festival holiday, industry data showed on Wednesday.
The index stood at 124.9 points in February, down 0.4 percent from January but up 10.9 percent compared with the same period last year, according to the China Federation of Logistics and Purchasing (CFLP).
Of the 50 major bulk commodities monitored by the federation, 24 registered month-on-month price increases. Oxidized praseodymium neodymium posted the strongest gain, rising 24.3 percent from January, followed by styrene-butadiene rubber (up 5.4 percent) and polyvinyl chloride (up 3.5 percent).
Analysts attribute the slight monthly decline to seasonal factors, with the holiday period temporarily dampening activity. However, the robust year-on-year growth suggests the market's positive trajectory and internal drivers remain intact.
As industries resume full operations after the holiday and investment and consumption demand pick up, the market is expected to gradually recover and stabilize in the coming months, the CFLP said.
China's bulk commodity price index up 10.9 pct y-o-y in Feb
