This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of CNOOC Ltd. shed 1.2% to 23.60 Hong Kong dollars on what proved to be an all-around great trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.6% to 24750.78.
This was the stock's third consecutive day of losses.
CNOOC Ltd. closed 24% below its 52-week high of HK$30.98, which the company achieved March 23.
The stock underperformed when compared to some of its competitors, as China Petroleum & Chemical Corp. rose 0.1% and PetroChina Co. Ltd. fell 0.7%.
Trading volume totaled 49.5 million shares, compared to the 50-day average of 65.7 million shares.
Data source: Dow Jones Market Data, FactSet