Water underperforms the wider market
- From: Vol 9, Issue 12 (December 2008)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Kuljian Corporation
A weak performance from the remaining UK listed water companies helped drag the GWI Water Index down by 8% this month. Where will the recovery come from?
Water stocks have had a rocky time of it lately, and a rapid drop in the share prices of the UK regulated water companies helped drag the GWI Index down by 8.0% in the month to 10 December – a disappointing underperformance of all the major stock indices.
A combination of forced stake sales by hedge funds, growing deflationary fears ...
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