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Article: Impact of Hurricanes hurts stocks again.(STOCKWATCH: Performance of key publicly traded industry companies)
- Article from:
- Kitchen & Bath Design News
- Article date:
- November 1, 2005
CopyrightCOPYRIGHT 2005 Cygnus Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Stocks associated with the kitchen and bath industry plummeted once again in September, as the beleaguered Gulf Coast states--along with Wall Street itself--attempted to recover from the impact of Hurricanes Katrina and Rita.
The index of 52 key stocks of building products manufacturers, distributors, retailers, home builders and e-commerce enterprises--as tracked in KBDN's exclusive monthly Stock Index--declined 60.15 points, or 2.39%, to close the trading period from Sept. 2 through Oct. 5 at 2455.13. In similar fashion, the Dow Jones Industrial Average plunged 130.04 points, or 1.78%, ending the month-long trading period at 10317.36, while the Nasdaq Composite ...
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