Strong week for Gulf General Cooperative Insurance (TADAWUL:8260) shareholders doesn’t alleviate pain of three-year loss

Gulf General Cooperative Insurance Company (TADAWUL:8260) shareholders should be happy to see the share price up 14% in the last month. But that doesn’t help the fact that the three year return is less impressive. Truth be told the share price declined 68% in three years and that return, Dear Reader, falls short of what you could have got from passive investing with an index fund. On a more encouraging note the company has added ر.س48m to its market cap in just the last 7 days, so let’s…
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Source: https://simplywall.st/stocks/sa/insurance/sase-8260/gulf-general-cooperative-insurance-shares/news/strong-week-for-gulf-general-cooperative-insurance-tadawul82/amp