HOUSTON (ICIS)--Most US-listed shares of chemical companies rose on Friday, buoyed by release of a better-than-expected May jobs report.
Nonfarm payrolls rose by 2.5m, and the overall unemployment rate fell to 13.3%. This prompted chemical stocks to surge in early trading, with the S&P 500 spiking near an all-time high.
The table below shows closing figures.
|Dow Jones Industrial Average||27,110.98||829.16||3.15|
|Dow Jones US Chemicals Index||634.43||16.85||2.73|
|S&P 500 Chemicals Industry Index||634.64||17.42||2.82|
Oil prices rose, with Brent crossing $40 bbl/day. US crude futures for July delivery finished up for the fourth consecutive session in response to a number of upbeat headlines. The table below shows oil prices in $/bbl.
|Product||5 June||4 June||Change|
The following shows the US-listed shares followed by ICIS.
|$ Change||% Change|
|Axalta Coating Systems Ltd||24.7||0.2||0.82|
|Braskem SA ADR repr Class A||11.05||0.35||3.27|
|Celanese Corp Class A||97.72||1.33||1.38|
|DuPont de Nemours Inc||56.16||1.18||2.15|
|Eastman Chemical Co||76.92||3.61||4.92|
|H.B. Fuller Co||42.99||0.47||1.11|
|Kronos Worldwide Inc||11.05||0.46||4.34|
|LyondellBasell Industries NV||74.87||1.97||2.7|
|PPG Industries Inc||113.95||2.83||2.55|
|RPM International Inc||78.6||1.16||1.5|
|The Chemours Co||16.53||0.77||4.89|
|Tronox Holdings PLC||8.69||0.82||10.42|
|Univar Solutions Inc||17.68||0.4||2.31|
|Venator Materials PLC||2.24||0.25||12.56|
|Westlake Chemical Corp||58.25||2.65||4.77|
European chemicals stocks ended the week on a high after they had barely noticed the stimulus unleashed on Thursday in Germany and the eurozone by the European Central Bank (ECB).
Asian petrochemical shares were mostly higher on Friday after the European Central Bank (ECB) unexpectedly opted to increase its stimulus package, boosting hopes for a global economic recovery.
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