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Intl Oil Prices Stretch Downswing; PETROCHINA, CNOOC Sag 3%+; CATHAY PAC AIR Rallies ~3%
Recommend 10 Positive 17 Negative 21 |
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The US and Iran reached a peace agreement. Brent oil futures last tumbled 4.7%, while New York oil futures extended losses to 5.7%. The two major oil producers listed in Hong Kong sank against the broader market in tandem with oil prices, with PETROCHINA (00857.HK) and CNOOC (00883.HK) shedding more than 3%. Airlines moved higher. CATHAY PAC AIR (00293.HK) last quoted at HKD12.21, up 2.95%. AIR CHINA (00753.HK) last quoted at HKD4.91, up 10.59%; CHINA EAST AIR (00670.HK) last quoted at HKD3.71, up 8.48%; CHINA SOUTH AIR (01055.HK) last quoted at HKD3.93, up 8.86%. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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