CNOOC Stock Rallies 2.9% in Hong Kong

Dow Jones04-23 16:31

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

Shares of CNOOC Ltd. advanced 2.9% to 27.66 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.9% to 25915.20.

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

CNOOC Ltd. closed 11% short of its 52-week high of HK$30.98, which the company achieved March 23.

The stock demonstrated a mixed performance when compared to some of its competitors, as China Petroleum & Chemical Corp. rose 1.6% and PetroChina Co. Ltd. rose 4.2%.

Trading volume totaled 110.7 million shares, compared to the 50-day average of 162.7 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 23, 2026 04:31 ET (08:31 GMT)

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