NADEC, Almarai lead gains in food producer stocks

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 9% and 10%.

 

Savola Group also increased by 6%.

 

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

SADAFCO

230.50

+10%

Almarai

45.22

+10%

NADEC

17.44

+9%

Savola

25.96

+6%

Wafrah

22.38

+4%

Sinad

9.34

+4%

Ash-Sharqiyah

12.40

+2%

Tanmiah

62.90

+2%

Naqi

55.10

+2%

Arabian Mills

44.58

+2%

Modern Mills

29.10

+2%

Halwani

31.84

+1%

Fourth Milling

4.02

+1%

JAZADCO

8.75

+1%

Al-Jouf Agricultural

44.92

+1%

SFICO

42.18

+1%

First Mills

53.70

+0.5%

Entaj

25.96

+0.3%

Nofoth

7.80

--

TADCO

6.46

--

GACO

12.60

(0.2%)

 

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