Water index powers ahead, led by US
- From: Vol 11, Issue 12 (December 2010)
- Category: General
- Region: Unspecified
- Country: Australia, United Kingdom and United States
- Related Companies: American States Water, American Water, Aqua America, Asia Environment Holdings, Asia Water Technology, Bio-Treat Technology, Chongqing Water, Consolidated Water, Darco, GLV, H2O Innovation, Insituform, ITT, Kurita Water Industries, Layne Christensen, Moya Dayen, Mueller Water Products, Nalco, Pall Corp, Pennichuck Water, Sabesp, Salcon Bhd, Severn Trent, Shanghai Industrial Holdings, Sound Global, Suez Environment , Tetra Tech, United Utilities, Veolia Environnement (formerly Vivendi Environnement) and York Water
A strong performance from the US equipment manufacturers contributed to a strong performance for the GWI Global Water Index this month. A sell-off in the UK amid a poor results season took the shine off.
The American segment of the GWI Global Water Index continued its impressive rise this month, as our weighted global portfolio outperformed all the major stock indices to rise by 1.3%.
US equipment suppliers drove the American portion up to a new high of 106.6, with four companies registering double-digit gains (see 10 Best Performers).
Mueller Water was the ...
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