ASLAK icon

ASLAK

Lightning icon

16.78 SAR

-2.24%

Today

-1.72%

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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5D
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3M
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MAX

Information

Name

United Wire Factories Leveraged

Currency

SAR

Standard Leverage

1X

Lightning Icon

Enhanced Leverage

2X

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Overnight Fees Buy

-0.0167%

Overnight Fees Sell

-0.0167%

Market Cap

474.83M

Avg Daily Volume

69.37K

52 Week High

26.1 SAR

52 Week Low

15.1 SAR

Trading Hours

See hours

Overnight Fees Calculator

ExposureUnits
USD
Daily Overnight Fee %Daily Overnight Fee $
BUYS-0.01670%$(0.167)
SELLS-0.01670%$(0.167)

*Results displayed are estimates. Actual fees may differ from those shown as market conditions change.

Business Summary

United Wire Factories Company engages in the wholesale of strips, extrusions, and blocks of metal and iron products for the industrial, construction, and civil sectors in the Kingdom of Saudi Arabia. It offers steel rebars, wire mesh, block ladder mesh, nails, fences, barbed and concertina wires, and tying wires. The company also provides bailing wires, cloth hangers, welded wires mesh, and staples clips; welded wire mesh sheets; and black annealed and drawn, galvanized, PVC coated, and deformed wires, as well as coated and bulked nails. In addition, it engages in retail trade of construction, building, civil engineering machinery and equipment, and petroleum and heavy equipment and their maintenance. Further, the company engages in the land transportation of goods and retail sale of gifts. It also exports its products. United Wire Factories Company was incorporated in 1990 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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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.