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The Anheuser-Busch InBev S.A. ADR
BUD,
inched 0.60% higher to $53.74 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
falling 1.43% to 4,186.77 and Dow Jones Industrial Average
DJIA,
falling 0.32% to 33,035.93.
This was the ADR’s third consecutive day of gains.
Anheuser-Busch InBev S.A. ADR closed $13.35 short of its 52-week high ($67.09), which the company reached on March 31st.
The ADR underperformed when compared to some of its competitors Wednesday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
rose 0.65% to $13.97, San Miguel Corp.
SMGBF,
rose 4.63% to $1.90, and Compania Cervecerias Unidas S.A. ADR
CCU,
rose 0.90% to $11.21.
Trading volume (2.6 M) eclipsed its 50-day average volume of 2.0 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Read the full article here
