LNG shipping stocks: Growth driven mainly by Asia

AI Summary

LNG shipping stocks experienced growth last week, especially driven by gains in Asia, as reflected by the UP World LNG Shipping Index increasing 1.22%. The market showed a higher number of advancing companies compared to decliners amid steady volume.

Summary The UP World LNG Shipping Index gained 2.63 points (1.22%) last week, closing at 218.45 points, while the S&P 500 gained 3.58% in its strongest week in nearly four months. The UPI rose again on slightly below-average volume, with 13 companies advancing and 8 declining, and a median change of 0.4%. Three companies posted ...