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Chemical Week Magazine :: CW75 Stock Performance

cw75 stock performance

1:41 PM MST | January 14, 2008 | Chemical Week Editorial Staff

The CW75 Index rose 2.9% for the week ending January 8, outpacing broader market indexes. Specialty chemical shares rose 14.5%, while basic and diversified chemical stocks fell 1% and 1.7% respectively, because of high oil prices and continuing economic worries, analysts say. Georgia Gulf topped the laggards’ list because the company carries “distressed” debt, according to a Standard and Poor’s (New York) report. Georgia Gulf’s stock price dropped 43.4% for the week, to $3.75/share, and its market cap fell 43%, to $129 million. Lyondell Chemical has...

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