Shenzhen Market Closes Down as Shanghai's STAR Market Soars Over 4.9 percent
Liao Shumin
DATE:  Dec 09 2019
/ SOURCE:  yicai

(Yicai Global) Dec. 9 -- Chinese mainland stock markets failed to sustain their opening burst. The benchmark Shenzhen indexes wound up lower, even though real estate and software expanded their gains.

Sci-tech stocks trading on the Shanghai-based STAR market jumped 4.91 percent, by contrast.

The Shanghai Composite Index closed 0.08 percent higher at 2,914.48, while the Shenzhen Component Index was at 9,876.27, edging down 0.02 percent. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, finished 0.33 percent lower at 1,721.07.

The leasing sector lead gains with a 2.78 percent increase, followed by software (2.47 percent), black metal (2.10 percent) and real estate (1.62 percent).

Editor: Ben Armour

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Keywords:   Chinese Stock Market