WAFRAH
22.09 SAR
-1.87%
Today
-1.95%
1D
Market is closed
Sun
10:00 AM ~ 3:00 PM
Mon
10:00 AM ~ 3:00 PM
Tue
10:00 AM ~ 3:00 PM
Wed
10:00 AM ~ 3:00 PM
Thu
10:00 AM ~ 3:00 PM
Fri
Closed
Sat
Closed
Information
Name
Wafrah for Industry and Dev
Currency
SAR
Standard Leverage
1X
Market Cap
521.13M
Avg Daily Volume
344.51K
52 Week High
29.76 SAR
52 Week Low
17.22 SAR
Trading Hours
See hours
Business Summary
Wafrah for Industry and Development Company produces, markets, manufactures, and sells of food products in the Kingdom of Saudi Arabia. The company operates through Pasteries Sector, Vegetable Sector, Breakfast Cereals Sector, and Meat Sector segments. It offers breakfast cereal products, including spices, salted peanuts, corn flakes, and peanut products; meat products, such as frozen and chilled meat, minced chicken, chicken sausages, burgers; pasta products; and frozen potatoes, as well as potato chips. It markets its products under the Wafrah, Mako, Saudi Garden, and Aghsan brand names. The company was formerly known as Food Products Company and changed its name to Wafrah for Industry and Development Company in 2014. Wafrah for Industry and Development Company was founded in 1989 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Top News
WAFRAH.OTC
-1.95%
3 Asian Penny Stocks With Market Caps Over US$100M
finance.yahoo.com
3mo ago
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.
