FMCG Stocks Outlook For The Week - 28.05.2018 To 01.06.2018
Stocks of fast moving consumer goods companies are likely to move in a narrow range next week in the absence of immediate triggers. The investors, however, may keep an eye on rising crude oil prices as this may lead to higher cost. While for makers of detergents, a rise in crude oil price will have a direct bearing, most other companies may also see an increase in freight costs. Stocks in the sector may come under pressure from volatility in broader market as the May derivatives series are set to expire next week, and many companies are scheduled to detail their Jan-Mar earnings.
Source : Cogencis Information Services Ltd.
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Stocks of fast moving consumer goods companies are likely to move in a narrow range next week in the absence of immediate triggers. The investors, however, may keep an eye on rising crude oil prices as this may lead to higher cost. While for makers of detergents, a rise in crude oil price will have a direct bearing, most other companies may also see an increase in freight costs. Stocks in the sector may come under pressure from volatility in broader market as the May derivatives series are set to expire next week, and many companies are scheduled to detail their Jan-Mar earnings.
Source : Cogencis Information Services Ltd.
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