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Anheuser-Busch Rose 1.5% and Pushed FEZ Up

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Anheuser-Busch’s performance

Anheuser-Busch (BUD) pushed the SPDR Euro Stoxx 50 ETF (FEZ) up with a 1.5% gain. It’s a Belgium-based brewing company. The company produces, distributes, and sells ~200 beers and other beverage brands. The company operates in North America, Mexico, Latin America, Europe, and Asia Pacific.

Currently, the stock is trading at 118.10 euro. Its 52-week high is 119.65 euro. Its 52-week low is 85.63 euro. Its current PE (price-to-earnings) ratio is 21.38x. FEZ’s current PBV (price-to-book value) ratio is 4.25x. It has a dividend yield of 2.80%. It’s currently trading at 12.8%, 14.4%, and 6.4% above its 100-day, 50-day, and 20-day moving averages, respectively.

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The stock rose 27% in the past year. In October, Anheuser-Busch declared the merger of its company with SABMiller. Since October 1, the stock rose and returned ~25%. The merger’s major term is that Anheuser-Busch will pay 44 pounds per share for SABMiller’s stock. Currently, SABMiller is trading at 4,015 pounds. The above graph shows Anheuser-Busch and SABMiller’s performance since October 1.

Bottom stocks

The significant companies in the banking industry like Unicredit (UNCFF), BNP Paribas, ING Groep (ING), Deutsche Bank (DB), and Banco Santander (SAN) returned -2%, -1.8%, -1.2%, 1.2%, and -0.8%, respectively. Unicredit fell the most.

Unicredit is an Italy-based banking institution. It focuses on retail banking, corporate banking, and investment banking. Currently, it’s trading at 5.41 euro. Its 52-week high is 6.61 euro. Its 52-week low is 4.82 euro. The stock yielded -15% over a six-month period. Barclays downgraded the stock to “underweight.” This news hammered the stock. It fell by 2%.

Next, we’ll analyze the Japanese equity market on November 20.

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