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Chemical Week Magazine :: CW75 Stock Performance
CW75 Stock Performance
12:40 PM MDT | July 26, 2007 | Chemical Week Editorial Staff
The CW75 Index rose 1.3% for the week ending March 14. Basic chemical stocks fell by less than 1% because several analysts’ reports say ethylene margins are eroding, and first-quarter earnings estimates for producers may be too high. Diversified and specialty chemical shares rose 2% and about 1%, respectively. Broader stock markets were helped by the narrowing of the U.S. account deficit in the fourth quarter, positive earnings results from financial firms, and news that General Motors reported a profit. Concerns about the subprime lending market, however...
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