(Yicai Global) April 4 -- China's mainland stock markets continued to climb in today's morning trade. The Shanghai Stock Exchange tracker rose again after hitting a ten-month high yesterday.

The Shanghai Composite Index rose 0.56 percent to 3,234.41 points at the break with CNY302.6 billion (USD45.1 billion) swapped. The Shenzhen Component Index closed at 0.37 percent higher at 10,379.15 with a turnover of CNY324.5 billion. The ChiNext Index, which tracks growth enterprises in Shenzhen, went up 0.27 percent to 1,772.95 with CNY89.2 billion changing hands.

Gaining sectors were almost equal to those that fell, led by transportation stocks which rose 3.54 percent. The government cut payment standards for the Civil Aviation Development Fund by half effective July 1, which will significantly lower the costs for airlines.

China Eastern Airlines [SHA:600115] surged 10.01 percent, the maximum allowed daily increase on the country's markets, to CNY8.24 per share (USD1.23). China Southern Airlines [SHA:600029] went up 9.4 percent to CNY9.66, and Air China [SHA:601111] soared 6.86 percent to CNY12.

Building materials, accommodation and media were among the biggest losing sectors.

Editor: William Clegg