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Chemical Week Magazine :: CW75 Stock Performance
CW75 Stock Performance
8:39 AM MDT | June 2, 2008 | Chemical Week Editorial Staff
The CW75 Index fell 3% for the week ending May 27, compared with the Standard & Poor’s 500 index’s 2% decline. Basic chemical stocks fell 6% on sharp declines in the fertilizer sector. Diversified chemical makers lost 2%, while specialty chemical makers shed 2.6%. Chemtura led gainers for the week on reports that New York-based Blackstone Group and Apollo Management were preparing a joint takeover bid. Methanex gained 5.4% on hopes that tighter supply would boost margins. Georgia Gulf shares remained volatile, shedding 11.2% after Bank of America...
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