PPVX down 2.2 percent
Post date: 12/09/2021 - 13:03
The PHOTON Photovoltaic Stock Index PPVX fell last week by 2.2 percent to 3,763 points. Its reference value NYSE Arca Oil lost 1.9 percent. With plus 7.5 percent since the beginning of the year, the PPVX is 36.0 percentage points behind the oil stock index (plus 28.5 percent).
The highest price gains of the week are posted by West Holdings (28.0 percent), Xinte Energy (7.6 percent) and First Solar (5.7 percent), while the highest losses were recorded by Solaria Energía (12.6 percent), Soltec (12.2 percent) and SMA (11.3 percent). The top 3 stocks since the beginning of the year are Meyer Burger with a price gain of 39.8 percent, Flat Glass Group (32.3 percent) and West Holdings (32.1 percent). The highest price losses compared to January are recorded by Array Technologies (59.1 percent), Soltec (53.5 percent) and Scatec (49.1 percent). GCL-Poly has been suspended from trading since April.
The cumulative market value of all PPVX companies is currently around €125.4 billion ($148.3 billion). In a long-term comparison since the beginning of 2003, the PPVX (plus 1,237.8 percent) has a lead of 1,142.9 percentage points over the oil stocks (plus 94.9 percent).