News
James B. Bell
- December 22, 2023
On Friday, the Anheuser-Busch InBev S.A. ADR (BUD) experienced a 1.37% increase, reaching $64.50. This movement came amidst a mixed trading session for the overall stock market. The S&P 500 Index (SPX) showed a slight rise of 0.17%, reaching 4,754.63, while the Dow Jones Industrial Average (DJIA) experienced a slight decline of 0.05%, settling at 37,385.97.
Impressively, this marked the second consecutive day of gains for the ADR.
It's worth noting that Anheuser-Busch InBev S.A. ADR closed at $2.59 below its 52-week high of $67.09, achieved on March 31st.
When compared to some of its competitors on Friday, the ADR displayed a mixed performance. Kirin Holdings Co. Ltd. ADR (KNBWY) recorded a slight increase of 0.07% to $14.64, San Miguel Corp. (SMGBF) experienced a notable rise of 2.11% to $1.94, and Compania Cervecerias Unidas S.A. ADR (CCU) encountered a decline of 0.70% to $12.73.
The trading volume for the ADR remained slightly below its 50-day average volume, with 1.6 million shares traded compared to the 50-day average of 1.8 million shares.
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