New York-listed shipping stocks are expected to see light trading ahead of the next batch of quarterly earnings reports, after recording their first losses of the year’s second half last week.
The 30 equities under the coverage of investment bank Jefferies took a mild loss of 0.6% on the week, according to lead shipping analyst Randy Giveans.
Seventeen stocks lost ground, he said, while 13 gained, reversing advances from a week earlier.
