LNG shipping stocks: Unclear direction | Hellenic Shipping News Worldwide
LNG shipping stocks: Unclear direction The UP World LNG Shipping Index, the world’s only stock index focused on companies in the LNG shipping industry, gained over 1.5 points, or nearly 2.1%, last week. US stocks represented by the S&P 500 (SPX) index gained 1.23%. Shares of companies in the LNG shipping sector continue to move ambiguously. Only US listed companies (plus one exception) showed larger upward movements. Asian stocks were hovering around zero with two exceptions: Malaysia’s Misc Berhad (3816.KL) added 1.3% and Japan’s “K” Line (9107.T) lost two percent. The mid-term sto...
Source: hellenicshippingnews.com