STOCK MOVES
- From: Vol 11, Issue 1 (January 2010)
- Category: Need to know
- Region: Unspecified
- Related Companies: Christ Water Technology, GLV, Severn Trent, Severn Trent Services, Sofijska Voda AD, Suez Environment , Thames Water, Underground Solutions, United Water and VA Tech (Wabag)
* Water under-performed the markets during 2009, according to our annual stocks survey (see pages 8-13).
Although the GWI Water Index has only been running since January 2008, we have been making year-on-year comparisons for longer. The last year when water stocks were outdone by the MSCI World stock index was 2003 – another recovery year.
* The UK water sector was a particularly poor performer – largely due to last year’s regulatory settlement. Raising money for the ...
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