MOODIE INDICES. The M21 Supplier Index closed May almost flat recording only a small drop of minus 0.1 points (-0.1%) closing at 135.5. With the exception of the Tobacco sector index that registered a drop of -4.2% on average, all other sector indices ended May marginally up.
Following the substantial gain back in April, in May the Tobacco sector (-4.2%) suffered especially from the significant fall in the share price of Altria Group (-12.5%). BAT (-3.7%) and Japan Tobacco (-2.8%) also ended in the minus column. Only Imperial Tobacco managed a small growth (+0.2%).
In Luxury Goods – gaining +0.7% on average – two companies closed May on the upside: Swatch Group (+3.3%) and Bulgari (+1.7%). Both LVMH (-0.4%) and Richemont Group (-1.6%) saw their share prices fall.
Beauty gained +0.6% on average mainly due to good performances of L’Oréal and Procter & Gamble that both closed up +2.4%. Unilever dipped -0.8% and Estée Lauder fell -0.9%.
The Confectionery sector improved +0.9% on average. This sector took a heavy beating from the fall in the share price of Kraft Foods that tumbled -9.1%. The best performing company stock overall in the M21 Supplier Index was, however, another confectionery company, Cadbury Schweppes. The company saw its share price jump +6.9%. Cloetta Fazer (+1.8%) and Nestlé (+1.4%) also ended in the positive column.
Back in April, the worst performing supplier stock overall was Allied Domecq, experiencing a slump of -7.1%. In May this stock recovered by +5.4%. Other Liquor companies, however, ended May in the minus column: Pernod Ricard (-2.3%), Diageo (-1.3%) and Rémy-Cointreau (-0.4%).The Liquor sector on the whole gained a marginal +0.1% on average.
Fallers outpaced winners by 12 to 9.
For a detailed update on the performances of the Moodie 21 Supplier Index, its Sectors and Components, see Update and the Excel files showing:
– Sector Analysis
– Component Analysis
– Monthly Closing Prices
– Index Portfolio Performance
– Components – Monthly Review
Data featured include Closing Values and Prices as well as Evolution (Percentage Change) over the past four weeks, year-to-date as well as since 1 January 2002 (= base date for the Moodie 21 Supplier Index). For an explanation of the composition, technical structure and methodology used in compiling the Moodie 21 Supplier Index, see About.
