Desal stocks hit by slack project market
- From: Vol 11, Issue 9 (September 2010)
- Category: General
- Region: Unspecified
- Country: United Kingdom
- Related Companies: American Water, Aqua America, Asia Environmental Holdings, Asia Water Technology, Cadiz Inc, Chongqing Water, Connecticut Water Services, Consolidated Water, Energy Recovery Inc, GLV, H2O Innovation, IDE Technologies, ITT, JAKS Resources Bhd, Kurita Water Industries, Manila Water Company, Modern Water, Moya Dayen, Nalco, Pico Holdings, Qianjiang Water Resources, Sabesp, Salcon Bhd, Severn Trent Services, Shanghai Industrial Holdings, Suez, Thai Tap Water Supply, United Utilities, Veolia and Veolia Environnement (formerly Vivendi Environnement)
Consolidated Water and Energy Recovery Inc. were the worst performers in the GWI Global Water Index this month. It does not bode well for IDE Technologies’ planned IPO.
Global water stocks remained essentialy flat this month amid thin summer trading volumes, with the GWI Global Water Index closing out the period marginally down. This was still enough to ensure a limited out performance when viewed against most of the major stock indices, but it is worth pointing out that only the European segment is ahead when compared to ...
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