drewry-port-equity-index

Drewry Container Port Index Surges 8.6%

Drewry’s May Port Equity Index improved 8.6 percent in the first quarter 2024, ended May 8, compared to a 1.3 percent decline recorded by the S&P 500.This increase was largely due to a 12.1 percent surge in stock prices of global terminal operators, or GTOs, and a 3 percent increase recorded by regional terminal operators, or RTOs.Consequently, the year-to-date return of the Drewry Port Equity Index rose 14.1 percent, outperforming ... [+]