23 August 2011 13:51 [Source: ICIS news]
LONDON (ICIS)--Stocks in the European chemical sector rose after global markets rallied on Tuesday as traders anticipated possible further stimulus measures by the US Federal Reserve.
At 11:55 GMT, the Dow Jones Euro Stoxx Chemicals index was trading up by 1.74% as shares in top European producers improved. Germany-based chemicals major BASF’s shares were up by 1.25%, Dutch coatings firm AkzoNobel had risen by 0.68%, and France-based industrial gases company Air Liquide was up by 3.11% from the previous close.
Swiss-based Clariant was trading up by 1.12%, Germany-based chemicals producer Bayer was up by 2.58%, and ?xml:namespace>
At 12:00 GMT, the
Global equity markets also rose on Tuesday, with the Nikkei 225 equity index in
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