Dynaliners Daily - DynaLiners Shares Index - V or W?
The recovery of liner shipping stocks, if we dare to call it that, is very much “V” shaped. This week’s DynaLiners Shares Index kept the momentum of the previous weeks with a nineteen point gain to 848. Despite what has been going on, it is now above the figure of week 19/2019, which was 817 points. The question is whether the upwards trajectory will be maintained or will we fall back into another drop to start the formation of a “W”? This week’s development was powered, again, by DLSI Carriers. This sector index improved by fifty-nine points to set another record at 1,166. The other sub-indices stayed around the same mark as last week or, as in the case of DLSI Owners, dropped noticeably.