DynaLiners Shares Index showed progressive market compression

The DynaLiners Shares Index advanced 26 points this week (+1.2%), which while positive, remained inadequate to offset the prior week’s decline completely.

This pattern characterizes the past quarter’s performance, where despite seven weeks of positive movement, the primary index has declined 61 points overall, suggesting markets experiencing progressive compression.

During the most recent seven-day period, all indices demonstrated growth with DLSI Owners achieving the strongest performance in both absolute points (+71) and growth percentage (+2.6%).

The general optimism emerged as share price increases exceeded declines sixty-six to fifty-three, resulting in a modest average change of +0.3%.

Two companies experienced significant fluctuations in either direction. Indian port development entity Mercantile Port & Logistics experienced a 44% share price decline while China Merchants Shipping, Sinotrans’ parent company among other subsidiaries, registered 22% share price growth.

The subsequent strongest performers in both directions appeared considerably more restrained by comparison, with shipowner Castor Maritime’s stock closing down 10% and regional carrier SITC concluding up 8%.

The post DynaLiners Shares Index showed progressive market compression appeared first on Container News.