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Consumer Sector Update for 12/27/2018: ANFI, CAAS, WMT, DIS, MCD, CVS, KO

Top Consumer Stocks:

WMT: -1.24%

MCD: -0.59%

DIS: Flat

CVS: -0.95%

KO: -0.58%

Consumer stocks were falling in pre-market trading Thursday.

Moving stocks include:

(+) Amira Nature Foods Ltd ( ANFI ), which was surging 39% as it secured a $30 million contract to supply third party branded basmati rice to a repeat customer operating in the Europe, Middle East and Africa region.

In other sector news:

(=) China Automotive Systems ( CAAS ) was flat after it announced a joint venture agreement with South Korea-based Hyoseong Electric Co. Ltd. to design, manufacture and sell electric motors for automotive electric power steering systems.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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