A stretched article having a pearly gloss and a total light transmission of 40% or less is obtained by molding a composition comprising 100 parts by weight of a crystalline polypropylene, 0.5 to 30 parts by weight of a high-density polyethylene having a density of 0.94 or more and 5 to 50 parts by weight of a cyclopentadiene petroleum resin having a softening point (according to the ring and ball method) of 160°C or more, and then stretching the resulting molded article. A process for producing a stretched article having a pearly gloss comprises the steps of melt-extruding the above composition at a temperature at or above the softening point of the petroleum resin, cooling the extruded composition to form an unstretched raw material, and then stretching the raw material 200% or more in at least one direction at a temperature which is below the crystalline melting point of the polypropylene and is at or below the softening point of the petroleum resin.