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ACIC

81.3 KWD

+0.00%

Today

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1D

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Sun

9:10 AM ~ 12:40 PM

Mon

9:10 AM ~ 12:40 PM

Tue

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Wed

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Sat

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Information

Name

ACICO Industries

Currency

KWD

Standard Leverage

1X

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Market Cap

156.31M

Avg Daily Volume

1.60M

52 Week High

528 KWD

52 Week Low

55 KWD

Trading Hours

See hours

Business Summary

ACICO Industries Company - K.S.C. (Public) provides building materials, and construction and engineering services in Kuwait, the Kingdom of Saudi Arabia, and Qatar. It operates through Industrial Operations, Real Estate Operations, and Contracting Operations segments. The company manufactures autoclaved aerated concrete (AAC) products, including AAC slabs, construction blocks, panels, lintels, dry mortars, and other AAC reinforced structural components; ground granulated blast furnace slag, ordinary Portland and sulfate resistant cement, white cement, micro silica, and cement block products; and ready-mix concrete and interlock products. It also provides precast products; project management, construction and management, contracting and subcontracting, infrastructure project, engineering, procurement, and construction services, as well as maintenance services for civil works, electrical, plumbing, heating, ventilation, and air conditioning. In addition, the company owns, develops, and manages real estate properties in the Gulf region. Further, it engages in the transportation and delivery of various products through a fleet of machinery and heavy equipment, as well as offers integrated construction services with turnkey building solutions for citizens looking to build homes. ACICO Industries Company - K.S.C. (Public) was incorporated in 1990 and is headquartered in Kuwait City, Kuwait.

Top News

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Frequently Asked Questions

What are industrial stocks in trading?

Industrial stocks represent companies involved in manufacturing, infrastructure, construction, and transportation.


Are industrial stocks a good long-term investment?

Yes, especially during economic expansions. They may offer consistent returns and dividends, though they can be sensitive to economic slowdowns and interest rate changes.


How do interest rates impact industrial stocks?

Rising interest rates can increase borrowing costs for industrial companies, which may reduce profit margins and capital spending, impacting stock performance.


What are examples of industrial sectors to watch?

Aerospace, defense, construction, machinery, and logistics are key sectors often tracked by investors looking for industrial exposure.