LNG shipping stocks: New highs, narrow breadth

The UP World LNG Shipping Index gained 4.97 points (2.15%) last week, closing at a new all-time high of 235.88 points, while the S&P 500 gained 0.15%. Following a week’s break, the UPI returned to record territory. However, breadth was narrow — the ratio of advancing to declining constituents was 13:8, the median change was …

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