ARMX
1.83 AED
+1.67%
Today
+1.67%
1D
Market is closed
Sun
Closed
Mon
9:00 AM ~ 1:45 PM
Tue
Closed
Wed
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Thu
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Fri
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Sat
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Information
Name
ARAMEX PJSC
Currency
AED
Standard Leverage
1X
Market Cap
2.64B
Avg Daily Volume
152.81K
52 Week High
2.98 AED
52 Week Low
1.65 AED
Trading Hours
See hours
Business Summary
Aramex PJSC, together with its subsidiaries, invests in and operates businesses in freight, express, logistics, and supply chain management in the United Arab Emirates, the Middle East, North Africa, Turkey, East and South Africa, Europe, North America, North and South Asia, and Oceania. It operates through four segments: Courier, Freight Forwarding, Logistics, and Other Operations. The Courier segment involves the delivery of small packages to retail and wholesale customers, express delivery of small parcels, pickup and delivery shipments, and related royalty and franchise levies. The Freight Forwarding segment engages in the forwarding of loose and consolidated freight through air, land, and ocean transport; and warehousing, customer clearance, and break-bulk activities. The Logistics segment offers warehousing and related management distribution, supply chain management, inventory management, and other value-added services. The Other Operations segment provides visa services, and publication and distribution services. Aramex PJSC was founded in 1982 and is headquartered in Dubai, the United Arab Emirates.
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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.
