‎NADEC, Almarai lead gains in food producer stocks

‎NADEC, Almarai lead gains in food producer stocks ‎NADEC, Almarai lead gains in food producer stocks

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Tadawul trading screen

TASI-listed food production companies saw broad-based gains today, May 11.

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Shares of National Agricultural Development Co. (NADEC), Almarai Co., and Saudia Dairy and Foodstuff Co. (SADAFCO) led the sector’s gains, rising between 8% and 10%.

Savola Group and Sinad Holding Co. also increased by 4%.

So far, there has been no news or disclosures to explain the strong movements in the sector’s stocks.

Performance of Food Production Companies

Company

Trading Price (SAR)

Change

NADEC

17.58

+10%

Almarai

44.94

+9%

SADAFCO

225.50

+8%

Tanmiah

64.55

+5%

Sinad

9.37

+4%

Savola

25.42

+4%

Halwani

32.60

+3%

Wafrah

22.08

+3%

Al-Jouf Agricultural

45.84

+3%

JAZADCO

8.85

+2%

Ash-Sharqiyah

12.36

+2%

TADCO

6.56

+2%

Modern Mills

29.10

+2%

GACO

12.82

+2%

First Mills

54.15

+1%

Nofoth

7.87

+1%

Entaj

26.10

+1%

SFICO

42.20

+1%

Fourth Milling

4.01

+1%

Naqi

54.05

(0.2%)

Arabian Mills

43.60

(1%)

 

Tadawul trading screen

TASI-listed food production companies saw broad-based gains today, May 11.

Shares of National Agricultural Development Co. (NADEC), Almarai Co., and Saudia Dairy and Foodstuff Co. (SADAFCO) led the sector’s gains, rising between 8% and 10%.

Savola Group and Sinad Holding Co. also increased by 4%.

So far, there has been no news or disclosures to explain the strong movements in the sector’s stocks.

Performance of Food Production Companies

Company

Trading Price (SAR)

Change

NADEC

17.58

+10%

Almarai

44.94

+9%

SADAFCO

225.50

+8%

Tanmiah

64.55

+5%

Sinad

9.37

+4%

Savola

25.42

+4%

Halwani

32.60

+3%

Wafrah

22.08

+3%

Al-Jouf Agricultural

45.84

+3%

JAZADCO

8.85

+2%

Ash-Sharqiyah

12.36

+2%

TADCO

6.56

+2%

Modern Mills

29.10

+2%

GACO

12.82

+2%

First Mills

54.15

+1%

Nofoth

7.87

+1%

Entaj

26.10

+1%

SFICO

42.20

+1%

Fourth Milling

4.01

+1%

Naqi

54.05

(0.2%)

Arabian Mills

43.60

(1%)

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