LNG shipping stocks: UPI rises for a third week

AI Summary

The UP World LNG Shipping Index has increased for the third consecutive week, gaining 2.83% and reaching 206.09 points. This growth contrasts with a slight decline in the S&P 500 and reflects positive momentum in LNG shipping stocks.

The UP World LNG Shipping Index gained 5.67 points (2.83%) last week, closing at 206.09 points, while the S&P 500 lost 0.66%. The UPI has now risen for a third consecutive week, with the weighted index also up more than 4% and a strong 16:4 ratio of advancing to declining stocks. Trading volume increased but ...