Shares 

Tobacco shares hardest hit in 2018

Tobacco shares hardest hit in 2018

British American Tobacco (BATS) might have hoped reconfirming guidance for full-year sales of vapour and tobacco heating products – expected to almost treble to £900m – would calm investor fears of growing regulatory pressures. However, the update did little to boost the shares, which are down 45 per cent during the past 12 months. 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now