CNOOC Stock Advances 2.7% in Hong Kong, Outperforms Competitors

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CNOOC Stock Advances 2.7% in Hong Kong, Outperforms Competitors

Dow Jones03-20 16:32

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

Shares of CNOOC Ltd. rallied 2.7% to 30.38 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.9% to 25277.32.

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

CNOOC Ltd. hit a new 52-week high, surpassing its previous peak of HK$30.04, which the company achieved March 16.

The stock outperformed some of its competitors, as China Petroleum & Chemical Corp. remained unchanged and PetroChina Co. Ltd. rose 1.7%.

Trading volume totaled 256.7 million shares, compared to the 50-day average of 140.8 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

March 20, 2026 04:32 ET (08:32 GMT)

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Ltd. rose 1.7%. \n\n\n     Trading volume totaled 256.7 million shares, compared to the 50-day average of 140.8 million shares. \n\n\n  Data source: Dow Jones Market Data, FactSet \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 20, 2026 04:32 ET (08:32 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}