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Chemical Week Magazine :: CW75 Stock Performance

CW75 Stock Performance

9:11 AM MDT | May 27, 2008 | Chemical Week Editorial Staff

The CW75 Index rose 1.3% for the week ending May 20, in line with broader market indexes including the Morgan Stanley global composite and the Standard and Poor’s 500. The increase in chemical stocks reflects a mostly positive week for first-quarter chemical results, analysts say. The stock market rose early in the week but fell by CW presstime on news that oil prices increased to $129.07/bbl. Investors’ concerns about inflation also drove down stocks at the end of the week, analysts say. Basic chemical shares rose 2%, and diversified and specialty...

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