ALABDULLATIF
10.64 SAR
-0.56%
Today
-0.56%
1D
Market is closed
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
Information
Name
Alabdullatif Industrial SJSC
Currency
SAR
Standard Leverage
1X
Market Cap
856.37M
Avg Daily Volume
134.07K
52 Week High
14.78 SAR
52 Week Low
9.01 SAR
Trading Hours
See hours
Business Summary
Artex Industrial Investment Company engages in the manufacture and sale of rugs and carpets in the Kingdom of Saudi Arabia, Asia, North America, Africa, Europe, and Australia. It is also involved in the production of yarn, polypropylene yarn, blankets, plastic dyes, cardboard pipes, and carpet lining; and the provision of staff accommodation and transportation, and training services. The company was formerly known as Al Abdullatif Industrial Investment Company and changed its name to Artex Industrial Investment Company in July 2024. Artex Industrial Investment Company was incorporated in 1989 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
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Frequently Asked Questions
What are cyclical stocks in trading?
Cyclicals are stocks that move in line with the broader economy. They perform well during economic booms and tend to decline during recessions.
Why do traders invest in cyclical sectors?
Traders use cyclicals to capitalize on economic recovery phases, often seeking high returns when consumer spending and business investment rise.
What industries fall under cyclicals?
Automobiles, travel & tourism, retail, restaurants, and luxury goods are common cyclical industries.
Are cyclical stocks risky?
They can be. While they offer growth potential, they are more volatile and sensitive to economic changes compared to defensive sectors.
