China's Stock Markets Close Mixed Amid Gold Rally
Dou Shicong
DATE:  Dec 04 2019
/ SOURCE:  yicai

(Yicai Global) Dec. 4 -- China's mainland stock markets closed on different tracks while gold shares eked out their second day of climbs, rising 3.4 percent.

The Shanghai Composite Index fell 0.23 percent to 2,878.12. The Shenzhen Component Index rose 0.31 percent to 9,687.95. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, slid 0.1 percent to 1,673.78.

Metal trader Shengda Resources's [SHE:000603] shares led the gold sector's rally, hitting a 10 percent limit up to CNY13.32 (USD1.90) apiece. Gold prices gained on a correction in global financial markets, climbing nearly 0.5 percent to USD1,483.60 per ounce this afternoon. 

Editor: Emmi Laine 

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Keywords:   Shanghai Composite Index,Shenzhen Component Index,ChiNext Price Index