Dairy Majors' Stocks Surge as Investors Seek Security

When volatility hits, investors look for safe havens. In the aftermath of US president Donald Trump tariff announcements this week, trillions of US dollars were wiped off global stock markets. But dairy majors have seen notable gains, likely as a result of investors seeking more secure investment options.
Europe-headquartered Danone (+10.10%), Nestlé (+7.26%), and Savencia (+19.61%) have posted their biggest gains in six months. Netherlands/UK-based Unilever also rose this week by 4.44%.
Stocks of Canada-based Saputo rose 2.32% over the last 5 days, but are down -9.98% over the six-month period. Chinese dairy majors Yili and Mengnui have not followed the same upward trend, though Yili stocks are trending up (+1.62%) since April 3 (mostly flat to negative over the past 5 days) and Mengnui’s are 16.39% up in the year to date.
Stock prices taken at 9am on April 1-4, with the exception of Saputo (April 1-3): its April 3 price was taken at 9:30am and again at close.