CGCK
850 KWD
-2.07%
Today
-1.73%
1D
Market is closed
Sun
9:00 AM ~ 12:40 PM
Mon
9:00 AM ~ 12:40 PM
Tue
9:00 AM ~ 12:40 PM
Wed
9:00 AM ~ 12:40 PM
Thu
Closed
Fri
Closed
Sat
Closed
Information
Name
Combined Group Contracting
Currency
KWD
Standard Leverage
1X
Market Cap
148.48M
Avg Daily Volume
870.75K
52 Week High
1150 KWD
52 Week Low
780 KWD
Trading Hours
See hours
Business Summary
Combined Group Contracting Company - K.S.C. (Public), together with its subsidiaries, operates as a contracting company in State of Kuwait and other Gulf countries. The company offers construction, general contracting, and renovations of residential and non-residential buildings, nonindustrial, railway facilities, and airports; and hospitals, free zones or markets, cooling warehouses, buildings, precast houses, roads, pavements, bridges, tunnels, and infrastructure works. It is also involved in laying of communication and power lines, oil, liquefied petroleum gas, steam, fire, irrigation, and electrical and telecommunications wiring and networks; construction, maintenance of main lines and water distribution stations, irrigation and sewer systems, water wells drilling, sewage disposal plants, pumping stations and power plants; parking lots, outdoor swimming pools, refineries, petrochemical plants, port docks, marine structures, tourist marinas, and dams; and demolition, removal, site preparation, pouring foundations, dewatering, and rocks and rocky ground blasting services. In addition, the company builds finishing; installs lighting systems, fire alarms and other electrical installation, solar energy collectors, emergency and exit lighting, cooling systems, sanitary wares, and mechanical installations; ceramic, terrazzo, marble, cut stone, granite, marble, carpets, and linoleum floor coverings, and rubber or plastic, and parquet, and decorations; and exterior glass of towers, interiors of shops, mobile homes, boats, furniture and exterior cladding. Further, it is involved in plastering or stucco, and painting works; maintaining oil pipes; building completion and preparation work, bricklaying and stone setting works, and scaffolding erecting; contracting for insulating materials and protection materials; and import of aggregate. The company was incorporated in 1965 and is based in Kuwait City, Kuwait. The company operates as a subsidiary of Insha'a Holding Company.
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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.
