UP Trend Continues Even With Decline In LNG Shipping Stocks

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The UP World LNG Shipping Index, the world’s only stock index focused on companies in the LNG shipping industry, lost over 2.4 points, or nearly 3%, says an article published in UP_Indices.

Increment and decrement in stocks

The largest increase was achieved by Awilco LNG ASA, namely 4.9%.Exmar NV and Qatar Gas Transport Company Ltd. were next in line with about 2% growth. 

On the contrary, there were many declining stocks. The Korean Line Corporation lost the most, nearly 20%. After the ex-dividend days, the Japanese companies Nippon Yusen Kabushiki Kaisha and Mitsui O.S.K. Lines Ltd. lost 5.7% and 5.5%. American Teekay LNG Partners LP also lost over 5%. 

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Source: UP_Indices