CNOOC Stock Sheds 3.3% in Hong Kong, Underperforms Competitors

Dow Jones

Apr 08

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

Shares of CNOOC Ltd. slid 3.3% to 26.12 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 3.1% to 25893.02.

CNOOC Ltd. closed 16% short of 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 2.8% and PetroChina Co. Ltd. fell 1.9%.

Trading volume totaled 244.4 million shares, compared to the 50-day average of 166.8 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 08, 2026 04:33 ET (08:33 GMT)

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Ltd. fell 1.9%. \n\n\n     Trading volume totaled 244.4 million shares, compared to the 50-day average of 166.8 million shares. \n\n\n  Data source: Dow Jones Market Data, FactSet \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 08, 2026 04:33 ET (08:33 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}