PPVX down 0.6 percent
Post date: 16/12/2018 - 18:25
Last Friday, the PHOTON Photovoltaic Stock Index PPVX stood at 954 points, 0.6 points below the level of the previous week and 20.2 percent lower than at the beginning of the year.
14 of the 30 shares listed in the index closed the week up, led by Panda Green Energy (13.8 percent), Shunfeng International (10.6 percent) and Azure Power (5.6 percent). The most significant price losses were posted by Vivint Solar (12.1 percent), Thai Solar Energy (6.9 percent) and Sunrun (6.7 percent).
Compared to the beginning of the year, nine PPVX shares currently have a plus, most notably Sunrun (120.7 percent), Solaria Energía (55.9 percent) and West Holdings (50.0 percent). The highest price losses since January are recorded by Panda Green Energy (66.3 per cent), GCL-Poly (64.3 per cent) and Meyer Burger (60.2 per cent).
The PPVX reference value NYSE Arca Oil lost 2.8 percent in the last week, but still is 17.4 percentage points ahead of the PPVX since the beginning of the year. In a long-term comparison since 2003, the PPVX (plus 239.2 percent) has a lead of 83.6 percentage points over the Arca Oil (plus 155.6 percent). The current cumulative market value of all PPVX companies is around €22.8 billion ($25.9 billion).