Oil and gas stocks bucked the broader market trend in the afternoon, as Qianneng Hengxin's share price soared close to the daily limit. Other notable gainers included Xinjin Power, Keli Co., Ltd., Tongyuan Petroleum, Shengtong Energy, and Shandong Molong, all of which saw their shares rise by more than 5%. On the international front, the main contract for NYMEX crude oil futures briefly touched $70 per barrel during the session, ultimately closing with a gain of nearly 4%. This uptick significantly bolstered sentiment within the oil and gas sector.
