South Jersey Energy LLC (SJI US) is a moderate-sized energy and public utilities company operating in the United States. It mainly provides natural gas and associated services. Quoted equity prices dropped almost 20% over news about possible secondary offering. In our view, the adverse effect of this has already been considered in current price.
The market somewhat calmed down after publication of inflation data yesterday. Accordingly, indexes were close to all-time highs.
ПодробнееThe market was evaluating statements by U.S. Treasury Secretary Janet Yellen. In addition, the main intrigue was related with anticipation of data on May consumer price movements.
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