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Chemical Week Magazine :: CW75 Stock Performance
cw75 stock performance
January 17, 2007 | Chemical Week Editorial Staff
The CW75 Index declined 2% for the week ending January 10, trailing broader U.S. and global indexes. The Standard and Poor’s 500 index was essentially flat, and the Morgan Stanley global composite declined slightly less than 1%. Basic chemical stocks declined 4%, while diversified chemical makers dropped 1.5%, and specialty chemical makers fell 0.5%. Analysts have expressed concern about the sharp drop in petrochemical prices and margins during late 2006 and the negative impact on fourth-quarter earnings for basic chemical makers. MEMC gained 8.6% and ATMI...
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