LNG shipping stocks: UPI is back above 200 points

AI Summary

The UP World LNG Shipping Index rose 2.47% last week, surpassing the 200-point mark, while the S&P 500 declined amid a semiconductor selloff. The LNG shipping sector showed gains amidst volatile market conditions.

The UP World LNG Shipping Index gained 4.84 points (2.47%) last week, closing at 200.42 points and returning above the 200-point mark, while the S&P 500 lost 1.55% amid a semiconductor selloff. The weighted index rose by as much as 4%, though the ratio of advancing to declining stocks was even at 10:10 and trading ...