PPVX recovers slightly
Post date: 02/12/2018 - 18:04
The PHOTON Photovoltaic Stock Index PPVX has compensated part of the losses suffered in the past weeks listed at 990 points on Friday, 4.4 percent higher than the week before. Its reference value NYSE Arca Oil gained 3.4 percent.
20 of the 30 companies listed in the PPVX closed the week with a price gain, seven even achieved a double-digit plus. Jinko Solar (25.5 percent), Sunrun (18.0 percent) and Sino-American Products (17.4 percent) saw the strongest gains, while Azur Power (8.3 percent), Green Energy (7.9 percent) and Shinsung E&G (5.4 percent) suffered the highest price losses.
Sunrun (148.3 percent), Solaria Energía (65.3 percent) and Scatec Solar (47.8 percent) posted the most significant price gains since the beginning of the year. Panda Green Energy (70.4 percent), GCL-Poly (61.4 percent) and Motech (61.2 percent) recorded the highest losses. The current cumulative market value of all PPVX companies is around €23.4 billion ($26.6 billion).
AT minus 17.3 percent since the beginning of the year, the PPVX has lagged the NYSE Arca Oil (plus 2.3 percent) by 19.6 percentage points. Since the beginning of 2003, the PPVX (plus 251.8 percent) has been 82.6 percentage points ahead of the oil share index (plus 169.2 percent).