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LNG shipping stocks: Decline did not break the up trend | Hellenic Shipping News Worldwide

LNG shipping stocks: Decline did not break the up trend The UP World LNG Shipping Index, the world’s only stock index focused on companies in the LNG shipping industry, lost over 2.4 points, or nearly 3%, last week. US stocks represented by the S&P 500 (SPX) index added 1.14%. The development of the UP Index chart suggests that losing stocks prevailed. The largest increase was achieved by Awilco LNG ASA (OSE: ALNG), namely 4.9%. Exmar NV (EBR: EXM) and Qatar Gas Transport Company Ltd. (QSE: QGTS) were next in line with about 2% growth. And that was all from the more significant increases. Chart below shows both UP World LNG Shipping Index and S&P 500.

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