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Chemical Week Magazine :: CW75 Stock Performance

CW75 Stock Performance

8:28 AM MDT | September 8, 2008 | Chemical Week Editorial Staff

The CW75 Index fell less than 1% for the week ending September 2, slightly lagging broader market indexes including the Morgan Stanley global composite and the Standard & Poor’s 500. Basic chemical shares fell 6%, while diversified and specialty chemical stocks rose by about 1%. The stock market improved because of falling oil prices. Bank of America (BoA; New York) favors “shares with significant specialty content,” says Kevin McCarthy, BoA analyst. “We remain cautious on commodity petrochemical producers given prospects of...

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