The BCW Index rose .1 percent for the trading week ended Tuesday. Fisher Scientific’s shares ceased trading last week upon closure of its merger with Thermo Electron (see related article), leaving the Index with 15 companies.
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Molecular Devices led the six firms whose shares gained ground during the week, closing up 3.7 percent. Qiagen led decliners with a 2.4 percent drop, with most of the decline coming the day after it announced strong third-quarter revenue growth.
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The Index beat the Nasdaq Bioetch Index, which fell .3 percent for the week. But it trailed the broader Nasdaq, which rose 2.3 percent, and the Dow Jones Industrial Average, which climbed .5 percent and closed at its highest level ever on Tuesday.
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|
BioCommerce Week Index of Diversified
Molecular Biology Tool Companies |
||||
| Company |
Ticker
|
Current Price
(November 14, 2006) |
Last
Price (November 7, 2006) |
% change
|
| Agilent | A |
33.00
|
33.63
|
-1.9
|
| Applied Biosystems | ABI |
37.57
|
38.20
|
-1.6
|
| Beckman | BEC |
59.75
|
60.82
|
-1.8
|
| Bio-Rad | BIO |
78.52
|
76.38
|
2.8
|
| Bruker | BRKR |
8.00
|
7.87
|
1.7
|
| GE | GE |
35.59
|
35.54
|
0.1
|
| Invitrogen | IVGN |
57.09
|
57.38
|
-0.5
|
| Millipore | MIL |
66.41
|
66.78
|
-0.6
|
| Molecular Devices | MDCC |
20.73
|
20.00
|
3.7
|
| PerkinElmer | PKI |
21.64
|
21.70
|
-0.3
|
| Qiagen | QGEN |
15.60
|
15.99
|
-2.4
|
| Sigma | SIAL |
77.42
|
76.16
|
1.7
|
| Stratagene | STGN |
6.71
|
6.83
|
-1.8
|
| Thermo | TMO |
43.71
|
44.36
|
-1.5
|
| Waters | WAT |
51.04
|
50.52
|
1.0
|
| BCW Index Average | Â |
40.85
|
40.81
|
0.1
|