DJ Anheuser-Busch InBev S.A. ADR Rises Thursday, Outperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ inched 0.08% higher to $62.33 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,235.48 and Dow Jones Industrial Average falling 0.86% to 38,111.48.
The ADR's rise snapped a two-day losing streak.
Anheuser-Busch InBev S.A. ADR closed $5.16 short of its 52-week high ($67.49), which the company reached on May 17th.
The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 1.55% to $13.79, San Miguel Corp. (SMGBF) remained unchanged, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ fell 0.16% to $12.30.
Trading volume (859,322) remained 1.0 million below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2024.
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(END) Dow Jones Newswires
May 30, 2024 16:33 ET (20:33 GMT)
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