Markets

Anheuser-Busch InBev S.A. ADR rises Thursday, outperforms market

The Anheuser-Busch InBev S.A. ADR
BUD,
+3.47%
advanced 3.47% to $65.90 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.72%
falling 0.72% to 4,061.22 and Dow Jones Industrial Average
DJIA,
-0.86%
falling 0.86% to 33,127.74.

This was the ADR’s second consecutive day of gains.

Anheuser-Busch InBev S.A. ADR closed $1.19 short of its 52-week high ($67.09), which the company reached on March 31st.

The ADR outperformed some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-0.53%
fell 0.53% to $16.27, San Miguel Corp.
SMGBF,

remained unchanged, and Compania Cervecerias Unidas S.A. ADR
CCU,
+1.64%
rose 1.64% to $16.78.

Trading volume (3.7 M) eclipsed its 50-day average volume of 2.1 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.

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