Orient Overseas (International) Stock Slips 1.0% in Hong Kong

Dow Jones10-29

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

Shares of Orient Overseas (International) Ltd. slid 1.0% to 153.30 Hong Kong dollars on what proved to be an all-around rough trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.6% to 22958.65.

The stock's fall snapped a four-day winning streak.

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. fell 3.6%, and Pacific Basin Shipping Ltd. fell 1.1%.

Trading volume totaled 871,427 shares, compared to the 50-day average of 1.2 million shares.

Data source: Dow Jones Market Data, FactSet

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