ERC
1.93 AED
-1.54%
Today
+1.59%
1D
Market is closed
Sun
Closed
Mon
9:01 AM ~ 1:45 PM
Tue
9:01 AM ~ 1:45 PM
Wed
9:01 AM ~ 1:45 PM
Thu
9:01 AM ~ 1:45 PM
Fri
Closed
Sat
Closed
Information
Name
Emirates Refreshments
Currency
AED
Standard Leverage
1X
Market Cap
620.55M
Avg Daily Volume
119.37K
52 Week High
3.13 AED
52 Week Low
1.8 AED
Trading Hours
See hours
Business Summary
Emirates Reem Investments Company P.J.S.C, together with its subsidiaries, engages in the bottling, distribution, and trading of mineral water, carbonated drinks, soft drinks, and juices in the United Arab Emirates, rest of the Middle East, and Africa. It operates through Land and Building Leasing, Corporate, and Operations segments. The company also manufactures plastic bottles, caps, lids, and containers; trades foodstuff tissues, snacks, drinks, cereals, coffee, and dates; and engages in general trading and the leasing of investment property warehouses. It markets and sells its products under the Jeema, OORIGINA, Snackiz, and AL REEM brand names. The company was formerly known as Emirates Refreshments (P.S.C.) and changed its name to Emirates Reem Investments Company P.J.S.C in August 2023. Emirates Reem Investments Company P.J.S.C was incorporated in 1980 and is headquartered in Dubai, the United Arab Emirates.
Top News
ERC
+1.59%
Allspring Closed-End Funds Declare Monthly Distributions
finance.yahoo.com
1mo ago
ERC
+1.59%
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
finance.yahoo.com
3mo ago
Frequently Asked Questions
What does defensive trading mean?
Defensive trading means investing in stocks or assets that are less sensitive to economic cycles and tend to perform steadily during market downturns, such as utilities, healthcare, and consumer staples. It’s a strategy to protect your portfolio from volatility and losses during uncertain or declining markets.
Why are utilities a defensive sector?
Utilities are a defensive sector because they provide essential services like electricity and water that people need regardless of the economy, so their demand remains stable even during economic downturns. This stability leads to steady revenues and dividends, making utilities less volatile compared to other sectors.
What are defensive stocks?
Defensive stocks are shares of companies that provide essential goods or services, such as utilities, healthcare, and consumer staples. These stocks tend to remain stable and perform well even during economic downturns because their products are always in demand.
How do you trade defensively?
To trade defensively, focus on investing in stable, low-volatility stocks like utilities, healthcare, and consumer staples that perform well during market downturns. Also, diversify your portfolio, avoid high-risk bets, and consider using strategies like stop-loss orders to protect against big losses.
