World water industry slow-down
- From: Vol 2, Issue 4 (April 2001)
- Category: Performer of the month
- Region: Unspecified
- Country: United Kingdom
- Related Companies: American Water Works, Azurix, Enron, Nuon, Ondeo/Suez, United Utilities, Utilities, Inc and Waterlink
A slumping global economy unsettled international markets for much of March. Most major market indices plunged around the middle of the month, but saw a slight recovery in the final days of trading.
The London market was extremely volatile, with the FTSE bouncing wildly between 5314 and 6012 points. The end-of-month rally helped regain some ground, but overall, the London market dropped 5% for the month. The US markets also struggled and found March hard going. Falling below the 10,000 mark for the first time in over a year, the Dow Jones ...
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