CITIC Stock Rises 1.1% in Hong Kong

Dow Jones07-30

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

Shares of CITIC Ltd. rose 1.1% to 12.43 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.2% to 25858.88.

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

CITIC Ltd. closed 11% below its 52-week high of HK$13.90, which the company achieved June 5.

The stock demonstrated a mixed performance when compared to some of its competitors, as New World Development Co. Ltd. fell 0.7% and China Railway Group Ltd. rose 1.1%.

Trading volume totaled 18.4 million shares, compared to the 50-day average of 25.5 million shares.

Data source: Dow Jones Market Data, FactSet

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