PPVX up 1.0 percent
Post date: 23/06/2019 - 18:29
The PHOTON Photovoltaic Stock Index PPVX rose last week by 1.0 percent to 1,223 points, its reference value NYSE Arca Oil increased by 5.0 percent. With plus 37.5 percent since the beginning of the year, the PPVX is (currency-adjusted) 26.8 percentage points ahead of the oil share index, which gained 10.7 percent since January.
The highest price gains of the week were recorded by SunPower (25.5 percent), SunRun (12.5 percent) and Shunfeng International (6.9 percent). The highest price losses were suffered by Jinko Solar (9.7 percent), Xinyi Solar (8.3 percent) and West Holdings (7.0 percent). The highest price gains since the beginning of the year are currently posted by Enphase (273.2 percent), Jinko Solar (125.0 percent) and SunPower (108.0 percent), while the highest price losses have been suffered by Panda Green Energy (41.7 percent), Shunfeng International (40.4 percent) and Meyer Burger (10.0 percent).
The current cumulative market capitalisation of all PPVX companies is around €32.9 billion ($29.2 billion). Since the beginning of 2003, the solar stocks have been up 339.0 percent and thus are 175.5 percentage points ahead of the Arca Oil with plus 163.4 percent.