Tobacco Giant Stocks Continue Surging in December

Market

Dec.05.2022

Ellesmere Zhu

3 of the tobacco big 4, namely Philip Morris International (PMI), British American Tobacco (BAT), and Imperial Brands saw a simultaneous surge in stock price in November, and the momentum seems to remain in early December. Japan Tobacco, the other of the four, has been dropping from a record-high peak since Nov.24.

The stock price of PMI rose by 6.8% month-to-date

Tobacco Giant Stocks Continue Surging in December

Credit: Yahoo Finance

Price of BAT rose by 4.7% from 40.4$ to 42.31

Credit: Yahoo Finance

Imperial Brands saw a rebound after a slight drop at the end of November.

Credit: Yahoo Finance

JT, on the other hand, has been dropping from the historical record-high of 2831.5 JP yen since Nov.24.

Credit: Yahoo Finance

What's more, the stock price of Altria has been rising for 5 days in a row and comes up 6.4%, while KT&G's price proved bumpery in the last month.

Follow-up analysis on the recent movements of the Tobacco Giants to follow.

#E-liquids #Market #Africa #Nigeria

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