Rare earth shares lead market slide 
2019-10-31
Stock indexes ended lower yesterday, led by a drop in the price of shares in the rare earth industry and agriculture.
The Shanghai Composite Index closed down 0.5 percent at 2,939.32 points. The Shenzhen Component Index closed 0.66 percent lower at 9,681.54 points while the ChiNext ebbed 0.15 percent.
The combined trading volume of stocks in the two main indexes was 467.3 billion yuan (US$66.7 billion), compared with 539 billion yuan the previous trading day.
China Minmetals Rare Earth Co fell 4.43 percent to close at 12.22 yuan while China Northern Rare Earth (Group) High-tech closed down 1.94 percent to 9.96 yuan. 
