Stock Prices of Big Tobacco Companies Surge in November

Dec.05.2022
Stock Prices of Big Tobacco Companies Surge in November
Stocks of three major tobacco companies rose, while Japan Tobacco's has been falling since reaching a historical high.

Image source: Getty Images. In November, the stocks of three out of the four major tobacco companies, namely Philip Morris International, British American Tobacco, and Imperial Brands, all experienced a surge in prices. This upward trend continued into early December. However, Japan Tobacco's stock price has consistently been in decline since reaching an all-time high on November 24th.


The stock price of PMI International has been consistently increasing since December, with a cumulative increase of 6.8%. Source: Yahoo Finance.


The stock price of British American Tobacco (BAT) has increased by 4.7%, rising from $40.4 to $42.31, according to Yahoo Finance.


The Empire Tobacco saw a slight decline towards the end of November, but has since continued to rise according to a graph from Yahoo Finance.


On November 24th, Japanese tobacco began to experience a continuous decline from its historic high of 2,831.5 Japanese yen. Source: Yahoo Finance.


Additionally, Altria's stock price has increased for five consecutive days, with a rise of 6.4%, while the price of South Korean tobacco giant KT&G has been fluctuating for the past month.


Source: Yahoo Finance. Written by Zhang Hongxu.


On December 6, 2FIRSTS will release a special report on the latest trends in the tobacco industry. Follow-up content will be available on the 2FIRSTS app. Scan the QR code below to download the app.



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