HOUSTON (ICIS)--Most US-listed shares of chemical companies fell steeply on Friday amid rising reports of new coronavirus infections from many states.
The following shows the US-listed shares followed by ICIS.
|$ Change||% Change|
|Axalta Coating Systems Ltd||21.43||-0.29||-1.34|
|Braskem SA ADR repr Class A||8.35||-0.44||-5.01|
|Celanese Corp Class A||82.78||-2.32||-2.73|
|DuPont de Nemours Inc||51.62||-1.48||-2.79|
|Eastman Chemical Co||67.28||-0.44||-0.65|
|H.B. Fuller Co||42.5||-0.35||-0.82|
|Kronos Worldwide Inc||9.6||0.02||0.21|
|LyondellBasell Industries NV||63.37||-0.63||-0.98|
|PPG Industries Inc||102.14||-0.63||-0.61|
|RPM International Inc||71.5||-2.55||-3.44|
|The Chemours Co||14.83||-0.91||-5.78|
|Tronox Holdings PLC||6.56||-0.52||-7.34|
|Univar Solutions Inc||16||-0.85||-5.04|
|Venator Materials PLC||1.6||-0.16||-9.09|
|Westlake Chemical Corp||52.68||-1.2||-2.23|
The general stock market also fell, as shown by the closing figures in the table below.
|Dow Jones Industrial Average||25,015.55||−730.05||-2.84|
|Dow Jones US Chemicals Index||570.43||−8.56||-1.48|
|S&P 500 Chemicals Industry Index||574.24||−8.77||-1.50|
The number of cases in the US rose by 37,667 on Friday from Thursday, totalling nearly 2.4m, according to the Centers for Disease Control and Prevention (CDC).
Reuters reported that the US government will ship coronavirus treatment remdesivir to states experiencing an increase in cases, these include California, Texas, Florida and Arizona.
Texas and Florida shut down bars again on Friday as the number of confirmed cases swelled to an all-time high.
The concern is that a reinstatement of lockdown measures would slow the economy again, negatively impacting demand for petrochemicals and other commodities.
Oil prices also fell on Friday following a volatile week of ups and downs. The table below shows oil prices in $/bbl.
|Product||26 June||25 June||Change|
More US shale oil and gas companies are facing bankruptcies.
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