COSCO SHIP ENGY (01138) declined over 4%. As of press time, the stock was down 4.3% to HK$8.46 with a turnover of HK$29.839 million.

On the news front, OPEC+ announced on October 5 that eight oil-producing countries within the organization will further increase production by 137,000 barrels per day in November, consistent with the October production increase and significantly lower than the 500,000 barrel increase previously reported by media citing sources.

Huayuan Securities previously indicated that with OPEC+ production increases continuing to accelerate, the oil transportation market sentiment is expected to see significant improvement in Q4 2025.