SEHK:883Oil and Gas
CNOOC (SEHK:883) Valuation Check After Oil Price Surge And Policy-Supported Market Rally
Shanghai’s benchmark index reached its highest close in a decade after the Iran conflict pushed investors toward energy and safe-haven names, with CNOOC (SEHK:883) drawing fresh interest following the largest oil price increase in four years.
See our latest analysis for CNOOC.
CNOOC’s latest move comes on top of a strong run, with a 1 month share price return of 9.68% and a year-to-date share price return of 22.32% at HK$26.74. Its 1 year total shareholder return of 60.97% and very large 5...