Beer stocks move higher after SABMiller gives reason for optimism

|About: SABMiller plc ADR (SBMRY)|By:, SA News Editor

A number of beer stocks are getting a lift out of solid report from SABMiller (SBMRY.PK) which beat estimates.

The brewer showed some momentum in North America and Africa, while the sales growth slide in Europe decelerated.

Advancers: Anheuser-Busch InBev (BUD) +1.8%, Molson Coors (TAP) +1.4%, Boston Beer (SAM) +2.8%, Craft Brew (BREW) +1.6%.