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Coca Cola HBC Continues to Rise, Beats Market Expectations

business News

Coca-Cola HBC AG, the popular soft drink bottler, managed to outperform the market on Friday with a rise of 0.59% to reach £25.61. The positive trading session saw the FTSE 100 Index UKX rise by 0.31% to reach


What's more, Coca-Cola HBC AG also managed to hit a new 52-week high, surpassing its previous peak of £25.56 which it achieved on May 11. However, trading volume on the day remained low at 450,291, which is 543,710

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below its 50-day average volume of 994,001.

Overall, Coca-Cola HBC AG's performance has been impressive, particularly considering the prevailing market conditions. Investors will undoubtedly be pleased with the progress the company has made in recent times.

In conclusion, Coca-Cola HBC

AG has risen to new heights, achieving a new 52-week high and outperforming the market in the process. Investors will be keeping a close eye on the company's performance going forward, particularly given the volatility of the market.


wsn team is a Writer at WSN TIMES and has been covering the latest news. He covers a wide variety of news from early and late stage.

wsn team