Tobacco & Nicotine
Tobacco combines falling volumes with strong pricing, and is shifting towards vapour and oral products that carry lower regulatory risk. Cash generation is the whole investment case.
13 stocks
Value
Increase
Decrease
Funds Holding
1,913
Funds Holding Change
-5
Funds Holding Growth
-0.3%
Value
$230B
Holding in Top 10
165
Top 10 Change
-8
Top 10 Growth
-5%
Value Growth
+4%
New
83
Increased
691
Reduced
881
Closed
70
Capital Inflow
$8.9B
Capital Outflow
$8.05B
Net Capital Flow
+$858M
Capital Flow Change
-$22B
Calls
$1.28B
Puts
$1.77B
Net Calls
-$490M
Put/Call Ratio
1.38