London – Stock prices of major tire makers have registered a decline in recent weeks, after a spike observed in early November.
The trend reversal was observed in all tire makers observed by ERJ’s snapshot of global stock markets over three weeks to 29 Nov.
Bridgestone (Tokyo) Yen4,644 (8 Nov) to Yen4.376 (29 Nov)
Cooper Tire (NYSE) $29.47 to $28.81
Goodyear (Nasdaq) $17.09 to $15.99
Michelin (Paris) €116.15 to €109.10
Nokian (Helsinki) €27.42 to €24.56
Pirelli (Borsa Italiano) €5.44 to €5.18
SRI (Tokyo) Yen1.412 to Yen1.390