Shares of Colgate-Palmolive Co. CL, +0.38% inched 0.38% higher to $78.25 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.31% rising 0.32% to 3,385.51 and the Dow Jones Industrial Average DJIA, +0.16% rising 0.17% to 27,739.73. This was the stock’s fifth consecutive day of gains. Colgate-Palmolive Co. hit a new 52-week high, surpassing its previous peak of $78.19, which the company achieved on August 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Procter & Gamble Co. PG, +0.79% rose 0.80% to $136.85, Unilever PLC ADR UL, +0.03% rose 0.03% to $60.07, and Reckitt Benckiser Group PLC RBGPF, -0.67% fell 0.67% to $100.57. Trading volume (2.0 M) remained 1.4 million below its 50-day average volume of 3.4 M.