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-0.39%
Today
-0.78%
1D
Sun
10:00 AM ~ 3:00 PM
Mon
10:00 AM ~ 3:00 PM
Tue
10:00 AM ~ 3:00 PM
Wed
10:00 AM ~ 3:00 PM
Thu
10:00 AM ~ 3:00 PM
Fri
Closed
Sat
Closed
Name
Abdullah Al Othaim Markets
Currency
SAR
Standard Leverage
1X
Market Cap
4.63B
Avg Daily Volume
1.08M
52 Week High
7.95 SAR
52 Week Low
5.05 SAR
Trading Hours
See hours
Abdullah Al-Othaim Markets Company, together with its subsidiaries, engages in the wholesale and retail trade of food supplies and other products in the Kingdom of Saudi Arabia and Arab Republic of Egypt. It operates through Retail and Wholesale, Real Estate and Rental, and Other segments. The company wholesales and retails food, fish, meat, agricultural products, livestock, and household items; and involved in establishing, managing, operating, and maintaining supermarkets, commercial complexes, and bakeries, offering cooked and uncooked catering services, as well as managing training and educational centers. It also acquires land to construct buildings for leasing or sale. In addition, the company imports, exports, retails and whole sale trading fruits, vegetables, fish, dairy products, olive, ghee, halawa, pasta, and soft drinks; ready-made garments, sportswear, jewelry, sewing tools, bags, leather products, decorations, dropped ceilings, agricultural produce and vehicles spare parts. Further, the company sells, rents, and exploits real estate properties and lands; as well as offers computer services; and maintenance of training and entertainment, and sports centers. Additionally, it establishes agriculture projects; manages bakeries and cafes; and undertakes general contracting services. Furthermore, the company is involved in the construction, maintenance, demolition, and restoration of electrical and electronic works, as well as cultivating vegetables and fodder; and operates commercial complexes. It also offers poultry breeding, as well as import and export, and marketing services. The company provides labor services regarding household workers and workers for both public and private sectors. Abdullah Al-Othaim Markets Company was founded in 1956 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
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Defensive trading means investing in stocks or assets that are less sensitive to economic cycles and tend to perform steadily during market downturns, such as utilities, healthcare, and consumer staples. It’s a strategy to protect your portfolio from volatility and losses during uncertain or declining markets.
Utilities are a defensive sector because they provide essential services like electricity and water that people need regardless of the economy, so their demand remains stable even during economic downturns. This stability leads to steady revenues and dividends, making utilities less volatile compared to other sectors.
Defensive stocks are shares of companies that provide essential goods or services, such as utilities, healthcare, and consumer staples. These stocks tend to remain stable and perform well even during economic downturns because their products are always in demand.
To trade defensively, focus on investing in stable, low-volatility stocks like utilities, healthcare, and consumer staples that perform well during market downturns. Also, diversify your portfolio, avoid high-risk bets, and consider using strategies like stop-loss orders to protect against big losses.