PPVX continues upward trend
Post date: 28/10/2019 - 10:47
Last week, the PHOTON Photovoltaic Stock Index PPVX again recorded a slight gain of 0.9 percent and was listed at 1,383 points on Friday; its reference value NYSE Arca Oil rose significantly by 5.1 percent after a recent downward trend.
The highest price gains of all PPVX stocks last week were achieved by West Holdings (19.2 percent), SMA (9.8 percent) and SolarEdge (9.4 percent), while the highest price losses were suffered by Sunrun (10.4 percent), Vivint Solar (5.1 percent) and First Solar (4.6 percent). The highest price gains since January 1 are currently recorded by Enphase (419.0 percent), SolarEdge (165.5 percent) and SunPower (85.3 percent), while the highest losses are recorded by Shunfeng International (61.5 percent), Panda Green Energy (54.2 percent) and REC Silicon (43.7 percent).
The current cumulative market value of all PPVX companies is around €36.2 billion ($40.3 billion). With a plus of 53.9 percent since the beginning of the year, the index is 43.1 percentage points ahead of NYSE Arca Oil (plus 10.8 percent). Since the beginning of 2003, the PPVX (plus 391.6 percent) has had a lead of 227.8 percentage points over the oil share index (plus 163.8 percent).