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Article: CW75 stock performance.(Illustration)
- Article from:
- Chemical Week
- Article date:
- March 19, 2003
- Author:
CopyrightCOPYRIGHT 2003 Access Intelligence, LLC. 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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The CW75 slipped 1% last week, approaching its 52-week low of 85.77 reached on October 9, amid concerns about rising costs, and investor jitters across all regions. The CW75 faired better than the Morgan Stanley world composite and Standard & Poor's 500 indexes, however; they fell 5% and 3%, respectively.
Laggards beat out leaders last week, with European firms dominating the list. ICI's shares slid following a warning by Sherwin-Williams that it expected coatings sales and volumes to drop during the first quarter. Bayer's stock tumbled on news that shareholders have filed suit against the company in a federal district court in New York over its ...