Water stocks reach the stratosphere
- From: Vol 8, Issue 1 (January 2007)
- Category: General
- Region: Unspecified
- Country: China and Malaysia
- Related Companies: American Water, Beijing Capital Group, Bio-Treat Technology, Gaz de France, Hyflux, Pictet, Ranhill Utilities, Salcon Bhd, Shanghai Industrial Holdings, Suez, Sustainable Asset Management and Veolia
A 40% surge in the price of water shares in 2006 took the sector way above the market. Where can it go next?
Water stocks dramatically outperformed the stock markets during 2006, with GWI’s Global Water Market Index up 40% by the end of the year. This compares to the MSCI World Markets Index, which improved by a mere 7.4% over the year. It follows a 24.2% increase in the GWI Global Water Market Index in 2005 (when the MSCI ...
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