The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 3.69 percent higher at 1,819.9 points on Friday.
The STAR 50 Index, which tracks the 50 largest stocks listed on the board that also meet certain liquidity requirements, closed 2.99 percent higher at 1,635.96 points.
The sci-tech innovation board, commonly known as the STAR Market, was inaugurated in June 2019 at Shanghai Stock Exchange. It is designed to support companies in the high-tech and strategic emerging sectors.
China's STAR Composite Index closes higher Friday
The Russian government has extended its full ban on fuel exports through Jan 31, 2027, the Russian cabinet announced Thursday.
The authorities imposed a new temporary export restriction covering gasoline, diesel, marine fuel and gas oil to stabilize Russia's domestic fuel market.
According to a signed government decree, the temporary export ban will take effect on Aug 1 and remain in force until the end of January 2027.
Notably, restrictions on diesel, marine fuel and gas oil will remain in effect until Sept 1, 2026, marking a shorter regulatory window compared to the gasoline export ban.
Russia extends full gasoline export ban until Jan 31
