CW75 stock performance.

Chemical Week, April, 2003 by Walsh, Kerri

The CW75 continued its upward climb last week, keeping pace with the overall stock market. Investors were attracted to cyclical sectors, including chemical stocks, because of falling energy costs, analysts say. The CW75 index rose 1%, tracking the Standard & Poor's 500. The Morgan Stanley global composite index advanced less than 1%.

The leaders and laggards lists both contained a mix of basic, diversified, and specialty firms. Symyx Technologies topped the leaders list, with its stock price rising 9% week-over-week on news that Symyx and Dow Chemical have discovered a new class of single-site catalysts for olefin polymerization. Symyx also announced an R&D collaboration with BP to discover catalysts for commodity chemicals.

Solutia's stock fell the...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.