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
Tobacco Giant Stocks Continue Surging in December

Credit: Yahoo Finance

  • Imperial Brands saw a rebound after a slight drop at the end of November. 
Tobacco Giant Stocks Continue Surging in December

Credit: Yahoo Finance

  • JT, on the other hand, has been dropping from the historical record-high of 2831.5 JP yen since Nov.24.
Tobacco Giant Stocks Continue Surging in December

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.

Tobacco Giant Stocks Continue Surging in December
Tobacco Giant Stocks Continue Surging in December

 

 

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

*This article is an original article of 2FIRSTS Technology Co., Ltd. The copyright and license rights belong to the company. Any entity or individual shall make link and credit 2FIRSTS when taking actions to copy, reprint or distribute the original article. The company retains the right to pursue its legal responsibility.

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