KCEM
399 KWD
-0.25%
Today
-0.99%
1D
Market is closed
Sun
9:10 AM ~ 12:40 PM
Mon
9:10 AM ~ 12:40 PM
Tue
9:10 AM ~ 12:40 PM
Wed
9:10 AM ~ 12:40 PM
Thu
9:10 AM ~ 12:40 PM
Fri
Closed
Sat
Closed
Information
Name
Kuwait Cement
Currency
KWD
Standard Leverage
1X
Market Cap
252.39M
Avg Daily Volume
1.04M
52 Week High
382 KWD
52 Week Low
187 KWD
Trading Hours
See hours
Business Summary
Kuwait Cement Company K.P.S.C., together with its subsidiaries, produces and sells cement and ready-mix concrete in Kuwait and internationally. It operates in two segments, Manufacturing Sector and Investment Sector. The company offers ordinary portland cement OPC, sulphate resistant cement SRC, white ordinary Portland cement WOPC, oil well cement OWC, and ground granulated blast furnace slag material GGBS. It is also involved in the real estate, and industrial businesses. In addition, the company production of cement of all kinds; refractory bricks, blocks and tiles; bulk, hollow cement blocks and bricks; cement block; concrete or cement; asbestos cement or cellulosic fiber cement; and building materials. Additionally, it is involved in aggregate crusher; chemical stores; wholesale of cement, gypsum, sand and aggregate retail sale of building materials and scrap, and storage in warehouses; as well as sale and purchase of shares and bonds; owning the real estate; importing chemicals and aggregate; extract sand and refilling; transportation of solid and liquid waste; and collection of hazardous waste and non-hazardous waste. further, the company engages in treating and disposing of hazardous waste and non-hazardous waste, recycling used tires. Kuwait Cement Company K.P.S.C. was incorporated in 1968 and is headquartered in Kuwait City, Kuwait.
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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.
