Tough month for international water companies
- From: Vol 2, Issue 11 (November 2001)
- Category: Performer of the month
- Region: Unspecified
- Country: Spain, United Kingdom and United States
- Related Companies: American Water Works, Artesian Resources, Calgon Carbon, Nalco, Ondeo/Suez, Pennichuck Water, Pico Holdings and Veolia Environnement (formerly Vivendi Environnement)
October was a particularly difficult month for the global water industry with the majority of share prices easing on all the major markets.
The UK water industry saw falls across the board with the FTSE water index dropping nearly 2% to 2694. The decline came despite an October rally by the London Stock Exchange. The FTSE 100 finished October up 2.8% at 5039.71. This is the first time since April that the wider market average has outperformed the water sector. In ...
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