Hong Kong & China Gas Stock Falls 1.0% in Hong Kong, Underperforms Competitors

Dow Jones08-03

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

Shares of Hong Kong & China Gas Co. Ltd. slipped 1.0% to 6.96 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.5% to 26009.40.

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

Hong Kong & China Gas Co. Ltd. closed 10% short of its 52-week high of HK$7.76, which the company reached Feb. 20.

The stock underperformed when compared to some of its competitors, as China Gas Holdings Ltd. fell 0.4%, ENN Energy Holdings Ltd. fell 0.7%, and Zhongyu Energy Holdings Ltd. rose 1.4%.

Trading volume totaled 22.0 million shares, compared to the 50-day average of 28.7 million shares.

Data source: Dow Jones Market Data, FactSet

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