PPVX again slightly up
Post date: 11/11/2018 - 22:33
In the past week, the PHOTON Photovoltaic Stock Index PPVX has once again recovered part of its recent heavy losses and rose by 2.5 percent to 962 points by Friday. Compared to the beginning of the year, however, it is still down 19.5 percent. Its reference value NYSE Arca Oil gained 1.3 percent last week. It is now 6.9 percent higher than on 1 January, and thus 26.4 percentage points ahead of the PPVX. In a long-term comparison since 2003, however, the PPVX with plus 242. percent is 60.8 percentage points ahead of the NYSE Arca Oil with plus 181.2 percent.
Meyer Burger (21.7 percent), GCL Poly (16.7 percent) and Motech (11.7 percent) achieved the highest price gains of the previous week, Azur Power (9.5 percent), Sunrun (6.2 percent) and Terraform Power (2.8 percent) suffered the highest price losses. Sunrun (108.5 percent), Solaria Energía (65.5 percent) and Vivint Solar (43.5 per cent) are currently posting the most significant increases since January 1, while Panda Green Energy (67.3 per cent), Motech (65.7 per cent) and Jinko Solar (62.6 per cent) are posting the highest losses. The current cumulative market value of all PPVX companies is around €22.4 billion ($25.4 billion).