BASF Says Chemical Industry Taking Big Hit From Virus Spread [Yahoo! Finance News]
BASF SE S/ADR (BASFY)
NASDAQ:AMEX Investor Relations:
basf.com/en/company/investor-relations.html
Company Research
Source: Yahoo! Finance News
) -- The chemical industry became the latest sector to be hit by the coronavirus after German giant BASF SE warned the outbreak could lead to the lowest growth in production since the financial crisis more than a decade ago. The slump in demand may see the supplier of plastics and additives slide to a second straight year of falling profit, BASF said in a statement on Friday. The epidemic will have a significant impact worldwide, particularly in the first and second quarters, which won’t be fully offset during the remainder of the year. The setback comes at a time that BASF under Chief Executive Officer Martin Brudermueller is embarking on a major expansion into China, where it is building a new $10 billion complex in the southern city of Zhanjiang. The first phases of the plant will be operational in 2022, with the entire project due to come on stream by the end of the decade. “BASF remains in a challenging place with trough upstream earnings but a need to invest for the future,” sai
Show less
Read more
Impact Snapshot
Event Time:
BASFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BASFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BASFY alerts
High impacting BASF SE S/ADR news events
Weekly update
A roundup of the hottest topics
BASFY
News
- Chemovator invests in Detroit-based startup Heartland rethinking plastics using natural fiber reinforcements [Yahoo! Finance]Yahoo! Finance
- Chemovator invests in Detroit-based startup Heartland rethinking plastics using natural fiber reinforcementsGlobeNewswire
- Global Algae Products (Hydrocolloids, Lipids, Carotenoids) Market Research 2024-2031: Rising Adoption of Eco-Friendly Packaging and Sustainable Practices Gaining Traction [Yahoo! Finance]Yahoo! Finance
- Applied learning: fertile ground for success [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Pace Analytical Services Names Michael Berg, Ph.D., as Building Sciences Technical Director [Yahoo! Finance]Yahoo! Finance