Index outperforms as Asian stocks rebound
- From: Vol 12, Issue 11 (November 2011)
- Category: GWI Water Index
- Region: Asia
- Country: China, Malaysia, Philippines and Singapore
- Related Companies: American Water, Aqua America, Beijing Capital Group, Beijing Enterprises Water Group, Beijing Origin Water, BWT Group, Calapan Ventures, China Everbright, Energy Recovery Inc, Global Water Resources Inc., Gruppo IREN, Heckmann Corporation, Hyflux, JAKS Resources Bhd, Kurita Water Industries, Mueller Water Products, Nalco, Sabesp, Salcon Bhd, Séché Environnement, Severn Trent, Sound Global, Suez Environment , Tianjin Capital Environmental Co, United Envirotech, VA Tech (Wabag), Veolia and Xylem
A strong performance by Asian water stocks this month helped to wipe out last month’s losses. With more and more companies being taken private, investors are being forced to re-allocate resources elsewhere.
Asian water stocks regained the ground they lost in last month’s carnage, but are still well off the levels seen at the start of this year.
A strong showing by Malaysian, Chinese and Singapore-listed stocks helped the GWI Global Water Index to outperform the benchmark MSCI World Index by more than 1% this month, as the Asian segment of ...
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