Orient Overseas (International) Stock Climbs 1.9% in Hong Kong

Dow Jones16:32

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

Shares of Orient Overseas (International) Ltd. rallied 1.9% to 153.10 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 0.5% to 23211.81.

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

Orient Overseas (International) Ltd. closed 14% below its 52-week high of HK$178.90, which the company reached Aug. 25.

The stock demonstrated a mixed performance when compared to some of its competitors, as Jinhui Holdings Co. Ltd. remained unchanged, COSCO SHIPPING Energy Transportation Co. Ltd. rose 6.6%, and Pacific Basin Shipping Ltd. rose 3.9%.

Trading volume totaled 476,368 shares, compared to the 50-day average of 1.2 million shares.

Data source: Dow Jones Market Data, FactSet

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