London – Shares of major rubber goods companies continued to record improvements over the recent weeks, reacting to the ease of trade ternions between China and the US.
All rubber goods companies covered by ERJ’s review of the European and US stock markets witnessed a positive development in the four weeks to 13 Dec, the day when Beijing and Washington both announced reaching the phase 1 trade agreement. The two sides are yet to finalise the deal in early January 2020.
Avon Rubber plc (LSE) £1.932 (15 Nov) to £1.998 (13 Dec)
Daetwyler Holding AG (SWX) CHF171.00 to CHF181.49
Trelleborg AB (STO) SEK164.80 to SEK170.50
Hexpol(STO) SEK90.05 to SEK93.30
Semperit AG (VSE) €11.54 to €11.60
Gates (NYSE) $11.92 to $12.80