With pressure across the board, the DynaLinersShares Indexdropped 48points(-2.2%) to finish on 2,170. Thankfully, any losses were limited with DLSI Carriers droppingthe most points, 76, equivalent to a 2.0% drop. However, the 42 points lostby the DLSI Boxessector index was equivalent to a fallof 3.8%.
The tone wasset at an individual member level with eighty companies experiencing share price falls over the week and only forty-two seeing upwards moves. These latter were led by Philippines domestic carrier Lorenzo Shipping(+16%) and another domestic carrier, Malaysia’s Harbour-Link(+9%). At the other end of the list, Indian terminal project Mercantile Ports & Logistics’s shares fell by 10% with Regional Container Linesseeing its stock drop by 13% in value. The average change across all index members was a contraction of 1.1%.