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Heineken beer: UBL shares soar as Heineken sells more beer in Q1, sticks to outlook

Shares of United Breweries rose after Heineken surpassed Q1 beer volume expectations, marking its first year-on-year growth in a year with a 4.7% increase. CEO notes all regions posted higher volumes and net revenue, aided by an earlier Easter and one-off effects. Despite a positive start, Heineken remains cautious due to challenging economic conditions and uncertain outlook. ....

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ubl stock target: Stock Radar: UBL breaks out from 2-year consolidation range; likely to surpass 2,000 level

The breakout above 1,800 level earlier this week has opened room for UBL stock to head towards 2,000-2,100 levels in the next 2-4 months, suggested experts. The stock continued to move in a range after hitting a high of Rs 1,793 in November 2021. It consolidated in a 500-point range where 1,800 acted as a stiff resistance and on the downside levels above 1300 acted as a support. ....

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