GNK - Baltic Dry Index falls back after run to one-year high
The Baltic Dry Index (BDIY:IND) fell 3.96% to 1,892 points to mark three straight days in a row of declines after the index hit a one-year high on October 5. A 6.44% drop in Capesize offset small gains for Panamax rates and Handysize rates. Related stocks: Diana Shipping (DSX), DryShips (DRYS), Eagle Bulk Shipping (EGLE), Navios Maritime Holdings (NM), Navios Maritime Partners (NMM), Globus Maritime Limited (GLBS), Safe Bulkers (SB), Scorpio Bulkers (SALT), Star Bulk Carriers (SBLK), Golden Ocean Group Limited (GOGL), Seanergy Maritime (SHIP), EuroDry (EDRY), Genco Shipping & Trading (GNK).Related ETFs: Breakwave Dry Bulk Shipping ETF (BDRY). Compare Seeking Alpha Quant Ratings on shipping stocks.
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Baltic Dry Index falls back after run to one-year high