In trading on Wednesday, shipping shares were relative laggards, down on the day by about 2.2%. Helping drag down the group were shares of Golden Ocean Group (NASDAQ:GOGL), down about 13.7% and shares of Matson (NYSE:MATX) down about 10.3% on the day.
Also lagging the market Wednesday are water utilities shares, down on the day by about 1.8% as a group, led down by Cadiz (NASDAQ:CDZI), trading lower by about 10.1% and Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE:SBS), trading lower by about 4.2%.
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