The weakest sectors in descending order were Basic Materials, Financials, Consumer Staples
, Consumer Discretionary, and Utilities.
Summary: ANJALI ANAND, SENIOR MANAGER, INVESTMENT RESEARCH & ANALYTICS AT ARANCA RESEARCH PROVIDES AN INSIGHT INTO THE THREE CONSUMER STAPLES
STOCKS IN THE KINGDOM
Anjali Anand, Senior Manager, Investment Research & Analytics, at Aranca Research provides an insight into the three consumer staples
stocks an investor needs to tap into in Saudi Arabia.
63, followed by the consumer staples
sector at %1, and insurance sector at %0.
Summary: Anjali Anand, Senior Manager, Investment Research & Analytics, at Aranca Research provides an insight into the three consumer staples
stocks an investor needs to tap into in Saudi Arabia
37 per cent, followed by the consumer staples
sector at 1.
Helping the consumer staples
index, shares of Costco Wholesale rose 1.
The Direxion Daily Consumer Staples
Bear 1X Shares (Ticker: SPLZ) seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the Consumer Staples
Select Sector Index.
Non-cyclical sectors as consumer staples
and utilities are expected to perform better than commodities and financials in the Middle East and North Africa (Mena), where the equity market is likely to be "volatile" in the near term, according to NBAD.
Favourable sectors for investment will remain consumer staples
and predictable investments such as utilities.
In the new role, Pinheiro will be covering the Consumer sector with an emphasis on consumer staples
and health and wellness companies.
The median total equity value increased at least 10% over the last year in the consumer staples
, materials, telecommunications and utilities industry sectors, with the largest increase observed in the consumer staples
sector, rising 16% over a year ago and elevating the equity portion of total pay to nearly 60% in the industry.