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Saturday, May 11, 2024

Tuesday Sector Leaders: Oil & Gas Refining & Marketing, Shipping Stocks

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Tuesday Sector Leaders: Oil & Gas Refining & Marketing, Shipping Stocks
Tuesday Sector Leaders: Oil & Gas Refining & Marketing, Shipping Stocks

In trading on Tuesday, oil & gas refining & marketing shares were relative leaders, up on the day by about 2.3%.

Leading the group were shares of Sinopec Shangai Petrochemical Company (SHI), up about 12.7% and shares of PBF Energy (PBF) up about 6.3% on the day.

In trading on Tuesday, oil & gas refining & marketing shares were relative leaders, up on the day by about 2.3%.

Leading the group were shares of Sinopec Shangai Petrochemical Company (SHI), up about 12.7% and shares of PBF Energy (PBF) up about 6.3% on the day.

Also showing relative strength are shipping shares, up on the day by about 1.9% as a group, led by Zim Integrated Shipping Services (ZIM), trading higher by about 5.1% and Pangaea Logistics Solutions (PANL), trading up by about 3.8% on Tuesday.

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