Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Almarai Co., Al-Khodari Sons, Saudi Dairy: Saudi Equity Preview

Don't Miss Out —
Follow us on:

March 31 (Bloomberg) -- The following companies’ shares may be active in Saudi Arabia’s market. Stock symbols are in parentheses and prices are from the last close.

The Tadawul All Share Index gained 0.2% to 7,782.84 on March 28.

Almarai Co. (ALMARAI AB): Saudi Arabia’s largest food producer by market value raised its stake in a joint venture with PepsiCo Inc. to 52 percent from 48 percent. The shares advanced 2.2 percent to 114 riyals, the highest since January 2011.

Abdullah A.M. Al-Khodari Sons Co. (ALKHODAR AB): The contactor won a contract valued at 26.8 million riyals ($7.1 million) from the Ministry of Higher Education to build a college. The shares declined 0.5 percent to 54.5 riyals.

Saudi Dairy & Foodstuff Co. (SADAFCO AB): The company received 4.1 million riyals from its 2.75 percent return on a 150 million-riyal Islamic deposit with United Gulf Bank. The shares fell 0.4 percent to 57 riyals.

To contact the reporter on this story: Glen Carey in Riyadh at gcarey8@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.