Saudi Stocks: Food Products and Najran Cement Were Active
Saudi Arabia’s Tadawul All Share Index gained 0.2 percent, the first advance since May 8, to 7,233.20 at the 3:30 p.m. close in Riyadh.
The following stocks rose or fell in Saudi Arabia. Symbols are in parentheses.
Food Products Co. (FPCO) gained 1 percent, the first advance since May 6, to 29.2 riyals. The producer and packager of pastas, fruits and peanut butter received a loan for 34 million riyals ($9 million) from the Saudi Industrial Development Fund to help finance plant expansion.
Najran Cement Co. (NAJRAN AB (NAJRAN)), a Saudi manufacturer of the building material, closed at 22.35 riyals in its trading debut on the stock exchange.
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