LNG Shipping Index Holds Steady Amid Dynamic Moves: New Trends Emerging

Capt. John

The UP World LNG Shipping Index (UPI) stayed the same and declined by 0.09 points or 0.06% last week, reaching a closing value of 155.02 points. This index monitors the stocks of companies that specialise in LNG shipping. In contrast, the S&P 500 (SPX) index, representing US stocks, lost 0.78%. The image below displays both indices.

Despite the mild loss of UPI, its constituents moved quite dynamically in both directions, and some new trends can be named. First, oil and gas drillers (and partly...

https://mfame.guru/lng-shipping-index-holds-steady-amid-dynamic-moves-new-trends-emerging/

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