As international oil price picked up after three days' decline, oil stocks rebounded. CNOOC (00883.HK) +0.400 (+3.484%) Short selling $119.89M; Ratio 8.985% ,
owing upstream oilfield assets, became an outperformer which hit the
peak at $1.96 and breached above the 10MA ($11.66) and 20MA ($11.88).
The stock last soared 4% to $11.94.
PETROCHINA (00857.HK) +0.160 (+1.874%) Short selling $50.96M; Ratio 4.714% last rallied 2.3% to $8.74. SINOPEC CORP (00386.HK) +0.080 (+1.284%) Short selling $69.99M; Ratio 18.301% recouped the 10MA ($6.33) and last traded at $6.37, up 2.2%.
Oil service stocks also advanced. ANTON OILFIELD (03337.HK) +0.290 (+17.576%) Short selling $21.41M; Ratio 7.007% once surged 18% to the day-high of $1.95 and last stood at $1.9, up 15%. SPT ENERGY (01251.HK) +0.320 (+16.667%) Short selling $648.62K; Ratio 1.254% once rose above the 20MA (about $2.25) and last bounced 13% to $2.17.
PETROCHINA (00857.HK) +0.160 (+1.874%) Short selling $50.96M; Ratio 4.714% last rallied 2.3% to $8.74. SINOPEC CORP (00386.HK) +0.080 (+1.284%) Short selling $69.99M; Ratio 18.301% recouped the 10MA ($6.33) and last traded at $6.37, up 2.2%.
Oil service stocks also advanced. ANTON OILFIELD (03337.HK) +0.290 (+17.576%) Short selling $21.41M; Ratio 7.007% once surged 18% to the day-high of $1.95 and last stood at $1.9, up 15%. SPT ENERGY (01251.HK) +0.320 (+16.667%) Short selling $648.62K; Ratio 1.254% once rose above the 20MA (about $2.25) and last bounced 13% to $2.17.
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