Middle East Company for Manufacturing and Producing Paper (T

Middle East Company for Manufacturing and Producing Paper (TADAWUL:1202) Shareholders Have Enjoyed A 27% Share Price Gain


Saudi Arabia
SASE:1202
Middle East Company for Manufacturing and Producing Paper (TADAWUL:1202) Shareholders Have Enjoyed A 27% Share Price Gain
By
February 10, 2021
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). To wit, the
Middle East Company for Manufacturing and Producing Paper (TADAWUL:1202) share price is 27% higher than it was a year ago, much better than the market return of around 5.5% (not including dividends) in the same period. That's a solid performance by our standards! On the other hand, longer term shareholders have had a tougher run, with the stock falling 21% in three years.

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