Last Minute Gains for Shipping Companies

The last two weeks of 1995 held no surprises for the financial markets in the US and around the world. The Dow Jones average fluctuated between a low of 5059.32 on 12/20 and a high of 5117.12 on the last trading day of the year. In the meantime, it had reached an all time high of 5216.47 on December 13. For the whole year, the Dow Jones average rose by 1282.68 points or 33.45%. The Dow Jones 20 Transportation average had an even better performance in 1995. It rose by 525.97 points or 36.15%, mainly driven by the airline companies’ surging stocks.

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