According to investing.com, Pacific Shipping (02343) has risen by more than 3%.
As of press time, it has increased by 3.03% to HK$2.38, with a transaction volume of HK$12.0714 million.
On the news, the Baltic Dry Index rose for the fifth consecutive trading day on Wednesday,
hitting an 18-month high, with various shipping prices rising.
The Baltic Dry Index rose 305 points (12.8%), to 2,696 points, the highest level since May 2022.
Baltic Dry Index 30/11/2023
BDI 2937(+241)
BCI 5629(+589)
BPI 2219(+88)
BSI 1425(+65)
BHSI 751(+28)
P1A 26746(+1350)
P2A 29734(+1173)
P3A 15396(+452)
4tcavrg 18639(+792)
P1A_82 28030(+1350)
P2A_82 31223(+1173)
P3A_82 16698(+452)
P4_82 7113(+255)
P5_82 16478(+400)
P6_82 16532(+664)
5TCavrg 19975(+792)
P7 - Mississippi river to Qingda 66000 62.190 +0.979
P8 - Santos to qingdao 66000 45.237 +0.576