Europe's chemicals rise boosted by Chinese stimulus
27/09/2024 11:59
** European benchmark chemicals index .SX4P is up 2.2%,
with German firms leading gains boosted by Chinese stimulus
measures announced earlier this week
** BASF BASFn.DE , K+S SDFGn.DE and Wacker Chemie
WCHG.DE all rise 5-7%
** Sebastian Bray, analyst at Berenberg, says BASF's shares
are also supported by the "potential asset sales and spin outs
at the ongoing capital markets day"
(Reporting by Paolo Laudani)
((Paolo.laudani@thomsonreuters.com))