Market Update: Rubber & Plastics and Water Utilities Struggle
Rubber & Plastics Sector Faces Significant Losses
During trading on Wednesday, rubber and plastics shares underperformed, declining approximately 1.2%. Loop Industries experienced a heavy drop, falling about 19.5%, while Braskem shares decreased by about 3.5%.
Water Utilities Also Experience Downward Trends
Similarly, water utility stocks lagged behind the broader market, dipping roughly 1.1%. Essential Utilities led the decline with a decrease of about 1.8%, followed closely by American Water Works, which fell by around 1.7%.
VIDEO: Wednesday Sector Laggards: Rubber & Plastics, Water Utilities
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