ALMUNAJE icon

ALMUNAJE

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62.85 SAR

+1.64%

Today

+1.87%

1D

Market is closed

Sun

Closed

Mon

Closed

Tue

Closed

Wed

Closed

Thu

10:00 AM ~ 3:00 PM

Fri

Closed

Sat

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Information

Name

Almunajem Foods Leveraged

Currency

SAR

Standard Leverage

1X

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Enhanced Leverage

2X

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Overnight Fees Buy

-0.0167%

Overnight Fees Sell

-0.0167%

Market Cap

3.62B

Avg Daily Volume

519.77K

52 Week High

79.5 SAR

52 Week Low

47 SAR

Trading Hours

See hours

Overnight Fees Calculator

ExposureUnits
USD
Daily Overnight Fee %Daily Overnight Fee $
BUYS-0.01670%$(0.167)
SELLS-0.01670%$(0.167)

*Results displayed are estimates. Actual fees may differ from those shown as market conditions change.

Business Summary

Almunajem Foods Company, together with its subsidiary, engages in the wholesale and retail trade of fruits, vegetables, cold and frozen poultry and meat, bottled, and food stuff in Saudi Arabia. The company provides poultry and meat; cheese, butter, cream, and evaporated milk; potato, okra, green beans, frozen peas, molokheya, spinach, mixed vegetables, corn, broccoli, and canned vegetables; green, black, greek, and kalamata olives, as well as oil; avocado, acai, mango, pomegranate, guava, strawberry, berries, cherries, and cocktails; rice, cooking oil, thyme, ketchup, mayonnaise, hot sauce, tomato paste, broad beans, and tahina; seafood, shrimp, and fish FPP; chicken, meat, vegetarian, and pizza ready meals; and puff pastry, paratha, samosa, spring roll, kunafa, and baklava products. It also offers logistical services, including storage and transportation services. The company sells its products under the Dari, DOUX, COOPOLIVA, LambWeston, President, Asmak, Montana, Marietta, Fletcher, Silver Fern Farms, Valbreso, Moralejo Selección, and Villa Germania brands through direct-to-retail distribution, food services, wholesale, and online sales platforms. The company was founded in 1950 and is headquartered in Riyadh, Saudi Arabia. Almunajem Foods Company operates as a subsidiary of Abdullah Ali Almunajem Sons Company.

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Frequently Asked Questions

What does defensive trading mean?

Defensive trading means investing in stocks or assets that are less sensitive to economic cycles and tend to perform steadily during market downturns, such as utilities, healthcare, and consumer staples. It’s a strategy to protect your portfolio from volatility and losses during uncertain or declining markets.


Why are utilities a defensive sector?

Utilities are a defensive sector because they provide essential services like electricity and water that people need regardless of the economy, so their demand remains stable even during economic downturns. This stability leads to steady revenues and dividends, making utilities less volatile compared to other sectors.


What are defensive stocks?

Defensive stocks are shares of companies that provide essential goods or services, such as utilities, healthcare, and consumer staples. These stocks tend to remain stable and perform well even during economic downturns because their products are always in demand.


How do you trade defensively?

To trade defensively, focus on investing in stable, low-volatility stocks like utilities, healthcare, and consumer staples that perform well during market downturns. Also, diversify your portfolio, avoid high-risk bets, and consider using strategies like stop-loss orders to protect against big losses.