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Chemical Week Magazine :: CW75 Stock Performance
cw75 stock performance
9:00 AM MDT | September 11, 2007 | Chemical Week Editorial Staff
The CW75 Index rose 2.3% for the week ending September 4. Chemical stocks rose in line with broader market indexes on news that investment banks, including Deutsche Bank and Société Générale, say credit markets are settling down after weeks of credit concerns, analysts say. Investors hope that the U.S. Federal Reserve will cut interest rates because of easing credit concerns, analysts say. Moderate economic growth drove up stock prices, they add. Basic chemical shares rose 3.6%; diversified chemical stocks, 2.6%; and specialty chemicals shares increased 1%...
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