FIN Fastener Stock Index Falls 11.2% for 2002
January 03
00:00
2003
FIN Fastener Stock Index Falls 11.2% for 2002
John Wolz
The FIN Fastener Stock Index fell 11.2% from the beginning to the end of 2002, which was better than the 15.8% drop in an index of related stock markets.
Fastener stocks gaining more than 10% during 2002 were Black & Decker, Fastenal, Federal Screw Works, Lawson Products, Park-Ohio, H. Paulin and R&B Inc.
Fastener stocks losing more than 10% were: Alcoa, Barnes, Dover, Honeywell, Nucor, Penn Engineering, Precision Castparts and SPS Technologies.
During 2001 related stock markets rose 7.3% and the FIN Fastener Stock Index was up 6.2%. �2003 FastenerNews.com
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