By The stock market experienced an excellent trading session on Thursday, with the S&P 500 Index rising by 0.85% to reach 4,510.04, and the Dow Jones Industrial Average rising by 0.14% to 34,395.14. Among the top-performing stocks was Anheuser-Busch InBev S.A. ADR (BUD), which saw a notable rally of 1.61% to close at $58.15.
Consistent Growth for Anheuser-Busch InBev S.A. ADR
This marked the fifth consecutive day of gains for Anheuser-Busch InBev S.A. ADR, indicating its strength and resilience in the market. Despite closing $8.94 below its 52-week high of $67.09, which was achieved on March 31st, the stock showcased a solid performance.
Comparison to Competitors
On the same day, Anheuser-Busch InBev S.A. ADR demonstrated a mixed performance compared to its competitors. Kirin Holdings Co. Ltd. ADR (KNBWY) rose by 0.40% to $14.90, San Miguel Corp. (SMGBF) increased by 0.51% to $1.96, and Compania Cervecerias Unidas S.A. ADR (CCU) showed substantial growth of 2.35% to $17.00.
Steady Trading Volume
Despite slightly lower trading volume of 1.9 million shares compared to the 50-day average volume of 2.6 million shares, Anheuser-Busch InBev S.A. ADR maintained its strong performance.
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