The Anheuser-Busch InBev S.A. American Depositary Receipt (ADR) experienced a notable increase in value on Monday, with a rise of 1.15%. This positive performance came amidst an overall successful trading session for the stock market. The S&P 500 Index and the Dow Jones Industrial Average also demonstrated impressive gains, rising by 1.06% and 0.93%, respectively.
It is worth noting that this marks the second consecutive day of gains for the ADR. However, despite this recent positive momentum, Anheuser-Busch InBev S.A. ADR closed at $54.33, which is $12.76 below its 52-week high achieved on March 31st.
When compared to some of its competitors, the ADR showed a mixed performance on Monday. While Kirin Holdings Co. Ltd. ADR fell by 1.36%, Compania Cervecerias Unidas S.A. ADR also experienced a slight decline of 0.35%. On the other hand, San Miguel Corp. demonstrated a noteworthy increase of 4.63%.
Although the trading volume of the ADR remained slightly below its 50-day average volume, with 1.4 million shares traded compared to an average of 2.0 million shares, its performance remains promising.