NewsInvestors seeing ‘inverse correlation’ between liner profits and war in Gaza

June 19, 2024by 0

Shareholders are hoping their container line will not be the first to resume Red Sea transits, analysts say, after a dip in liner equities following the UN Gaza ceasefire resolution of 10 June.
Maersk, Hapag-Lloyd and ONE all experienced dips in share price recently, while Clarksons Securities’ indices highlight losses of 5% last week and 9% since.
Liner profits and the war in Gaza now appear inversely correlated, said Clarksons Securities analyst …

The post Investors seeing ‘inverse correlation’ between liner profits and war in Gaza appeared first on The Loadstar.

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