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Energy transport leads the way in GLIO Index of infrastructure companies
Energy - JUNE 2, 2021

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Energy transport leads the way in GLIO Index of infrastructure companies

by Kali Persall

The GLIO Index of global listed infrastructure companies was at +0.61 percent in May, advancing for the third consecutive month and bringing the year-to-date total of the index to +8.2 percent.

According to GLIO, energy transportation was the biggest winner of the month at +3.9 percent, followed by renewables at +2.9 percent. Although renewables halted their recent slide, they still remain behind, year-to-date.

According to the report, gas and water utilities added +1.5 percent and +1.2 percent, respectively, and transportation companies moved ahead +2.0 percent on average in May. In addition, communications infrastructure ended at +0.8 percent.

On the flip side, electric utilities was the only sector to finish the month down, at –1.4 percent.

 

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