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Chemical Week Magazine :: CW75 Stock Performance
CW75 Stock Performance
11:03 AM MDT | April 19, 2012
The CW75 index rose 4.4% for the week ended April 17, outpacing both the MSCI World Index and the S&P 500, which rose 2.2% and 2.4%, respectively. Basic chemical shares rose 3.3%, diversified shares rose 5.4% and specialty stocks were up 3.7%. MEMC posted the biggest gain for the week at 12%, followed by Cytec and Celanese, with gains of 11.2% and 10.8% respectively. Cytec shares posted big increases on April 12 after the company announced the acquisition of Umeco, a U.K.-based composites maker, for $439 million. MEMC rebounded after hitting 52-week lows on...
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