Consumer goods cos shares rise; Trump picks RFK Jr to lead top U.S. health agency

Church & Dwight

15/11/2024 16:50

** Shares of consumer goods companies up in mid-day trading
following Robert F. Kennedy Jr., an environmental and
anti-vaccine activist, being selected by President-elect Donald
Trump to lead top U.S. health agency.
    ** Kennedy in recent months has made some policy remarks,
including calling for the removal of fluoride from public water
    ** Fluoride is a mineral considered vital for dental health
and is added to water to protect the teeth
    ** Shares of Procter & Gamble  PG.N , which makes Crest and
Oral B toothpastes, up 1.3%
    ** Colgate-Palmolive  CL.N  shares rise 1.5% and Church &
Dwight  CHD.N , which makes Aim toothpaste, up 1.2%
    ** Toothpastes with fluoride are said to strengthen tooth
enamel and prevent cavities
    ** So far this year, PG and CL stocks up nearly 16% while
CHD up 15%, including session gains

 (Reporting by Ananya Mariam Rajesh in Bengaluru)
 ((AnanyaMariam.Rajesh@thomsonreuters.com ; X: https://twitter.com/AnanyaMariam;))