CNOOC Stock Slips 1.5% in Hong Kong, Underperforms Competitors

Dow Jones
07/17

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of CNOOC Ltd. slipped 1.5% to 18.24 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.1% to 24498.95.

This was the stock's third consecutive day of losses.

CNOOC Ltd. closed 18% below its 52-week high of HK$22.25, which the company achieved Oct. 7.

The stock underperformed when compared to some of its competitors, as China Petroleum & Chemical Corp. fell 0.7% and PetroChina Co. Ltd. fell 0.7%.

Trading volume totaled 62.9 million shares, compared to the 50-day average of 86.6 million shares.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

July 17, 2025 04:32 ET (08:32 GMT)

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