This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of CNOOC Ltd. shed 1.4% to 23.34 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.0% to 24834.12.
This was the stock's second consecutive day of losses.
CNOOC Ltd. closed 25% below its 52-week high of HK$30.98, which the company achieved March 23.
The stock underperformed when compared to some of its competitors, as China Petroleum & Chemical Corp. fell 0.4% and PetroChina Co. Ltd. fell 0.8%.
Trading volume totaled 37.5 million shares, compared to the 50-day average of 65.9 million shares.
Data source: Dow Jones Market Data, FactSet