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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