Dry bulk shares break link with BDI
THE BEHAVIOUR of dry bulk shares this year, which has mirrored the wider market more than the Baltic Dry Index, has exposed the limitations of the so-called bellwether index as the proxy for the whole sector.
Investors seeking positive returns on listed companies are better advised to downplay the BDI and track wider market sentiment, experts said.
The advice is based on several factors, including listed dry bulk companies’ greater reliance on period charters, diversification by...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
Daily Top Stories
- Rena officers sent to prison
- New salvage facility for Cairns
- Worker dies in Newcastle wharf tragedy
- Major supramax markets diverge
- Panama Canal fees hike planned for July
- 12% of world tanker fleet facing scrapping





