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ALABDULLATIF icon

ALABDULLATIF

11.61 SAR

+0.52%

Today

+0.17%

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

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Information

Name

Alabdullatif Industrial SJSC

Currency

SAR

Standard Leverage

1X

Lightning Icon

Market Cap

1.00B

Avg Daily Volume

318.18K

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, masterbatch, PVC tubes, and carpet backing products, as well as the provision of staff catering 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.

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.