Tire shares tracker: Recovery mode

London – Stock prices of major tire makers have generally registered a positive development over the recent weeks, reversing a decline observed in August.

According to ERJ’s snapshot of global stock markets, share prices of nearly all tire makers covered by the analysis increased over the four weeks to 7 Sept.

Goodyear was the only tire maker to register a slight decline over the period.

Bridgestone (Tokyo) Yen 4,064 (9 Aug) to Yen4,096 (6 Sept)

Cooper Tire (NYSE) $23.85 to $24.20

Goodyear (Nasdaq) $12.22 to $12.19

Michelin (Paris)  €94.60 to €99.90

Nokian (Helsinki) €26.07 to €25.67

Pirelli (Borsa Italiano) €4.65 to €5.13

SRI (Tokyo) Yen1,165 to Yen1,231