LNG Shipping Stocks: Preparation For A Bullish Move
CLCOl pany .(CLCO) Seeking Alpha·2024-05-07 14:50

SHansche The UP World LNG Shipping Index (UPI) lost 1.92 points or 1.24% last week, reaching a closing value of 152.38 points. This index monitors the stocks of companies that specialise in LNG shipping. In contrast, the S&P 500 (SPX) index, representing US stocks, gained 0.55%. The image below displays both indices. Week 19-2024: Chart of the UP World LNG Shipping Index with S&P 500 (Source: UP-Indices) (UP-Indices.com) The UPI underwent its regular rebalance, with no changes in its constituents. However, ...