Bloomberg offers an explanation to Maersk gains

A.P. Moeller-Maersk A/S (OMX: MAERSK A, MAERSK B) is up for a fifth straight day in Copenhagen Stock Exchange. Bloomberg explained in an article, that this is due to bets that the industry will succeed in the next round of freight rate increases. Its Asian peers were performing strongly this morning. The world’s largest container line also received some analyst target price hikes late last week. B-share is currently trading at 43 840 DKK (about 7800 USD).