DJ Anheuser-Busch InBev S.A. ADR Outperforms Competitors On Strong Trading Day
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ inched 0.75% higher to $62.08 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.65% to 5,123.69 and Dow Jones Industrial Average falling 0.18% to 38,722.69.
This was the ADR's fourth consecutive day of gains.
Anheuser-Busch InBev S.A. ADR closed $5.01 below its 52-week high ($67.09), which the company achieved on March 31st.
The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Kirin Holdings Co. Ltd. ADR (KNBWY) fell 0.36% to $13.84, San Miguel Corp. (SMGBF) fell 5.31% to $1.74, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 2.62% to $11.75.
Trading volume (1.4 M) remained 367,466 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2024.
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(END) Dow Jones Newswires
March 08, 2024 16:33 ET (21:33 GMT)
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