The UP World LNG Shipping Index, gained more than 2.8 point or more than 3% last week, says an article published on their website.
UP Index rise
US stocks represented by the S&P 500 (SPX) index added 0.41%. UP Index rises four weeks in a row and is still closer to its initial value of 100 points.
The most rising LNG shipping stocks last week were two Japanese and one European listed in New York.
Chart below shows both UP World LNG Shipping Index and S&P 500.
New weekly highs
For 11% raised its stock price K line (Kawasaki Kisen Kaisha, TSE:9107). NYK line (Nippon Yusen Kabushiki Kaisha, TSE:9101) added nearly 8% and Golar LNG Limited raised 7.3%, All three made new weekly highs.
Over two percent rose another three companies: MOL from Japan (Mitsui O.S.K. Lines, TSE:9104) added 4.9%, Korea Line Corporation (KRX:005880) gained 4.9% and Norwegian Awilco LNG ASA (OSE:ALNG) raised 4.3%.
Over one percent lost only two companies: Qatar Gas Transport Company (Nakilat, QSE:QGST) lost 1.8% and Belgian Exmar NV (BSE:EXM) declined 1.3%.
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Source: UP-Indices.com
