CW75 stock performance.(Illustration)

Chemical Week, July, 2004

The CW75 Index tell 2.4% for the week ending July 7, lagging broader market indexes including the Morgan Stanley global composite and Standard & Poor's 500 indexes, which fell 1.3% and 1.9%, respectively. Specialty chemical stocks were the hardest hit, falling 2.5%. Diversifieds fell 1.8%, but basic chemical stocks rose slightly.

Electronic chemical stocks tell with tech stocks, which faltered on warnings from Yahoo! and Siebel Systems.

Wellman topped the laggards list, falling 10.6%, to $7.27/share, after being named by the Department of Justice in a price-fixing probe involving polyester staple fiber. Wellman denies it was involved in price fixing. The company reached a 52-week low of $7.04/share on July 7.

Rhodia topped the leaders list on...

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