MEPAPER
14.72 SAR
+5.63%
Today
+6.55%
1D
Market is closed
Sun
9:00 AM ~ 2:00 PM
Mon
9:00 AM ~ 2:00 PM
Tue
9:00 AM ~ 2:00 PM
Wed
9:00 AM ~ 2:00 PM
Thu
9:00 AM ~ 2:00 PM
Fri
Closed
Sat
Closed
Information
Name
Middle East Paper SJSC Leveraged
Currency
SAR
Core Leverage
1:2
Plus Leverage
1:2
Max Leverage
1:2
Overnight Fees Buy (Core Leverage)
-0.0167%
Overnight Fees Sell (Core Leverage)
-0.0167%
Overnight Fees Buy (Plus Leverage)
-0.0167%
Overnight Fees Sell (Plus Leverage)
-0.0167%
Overnight Fees Buy (Max Leverage)
-0.0167%
Overnight Fees Sell (Max Leverage)
-0.0167%
Market Cap
1.20B
Avg Daily Volume
638.07K
52 Week High
27.32 SAR
52 Week Low
13.5 SAR
Trading Hours
See hours
Overnight Fees Calculator
| 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
Middle East Company for Manufacturing and Producing Paper, together with its subsidiaries, engages in the production and sale of container boards and industrial papers in the Kingdom of Saudi Arabia, Africa, Asia, the Americas, Europe, and Other GCC countries. The company operates through two segments: Manufacturing and Trading. The Manufacturing segment offers container board and industrial paper, as well as tissue paper. The Trading segment engages in the wholesale and retail sales of paper, carton, and plastic waste. It provides containerboards comprising high performance fluting, test liner, dual use, semi-chemical fluting, kraft liner board, and white top test liner products under MEPFLUTE, MEPLINER, MEPDUAL, MEPCHEM, MEPKRAFT, and MEPWHITE brand names for use in beverages, consumer durables, detergents, industrial goods, and processed food industries; and semi-chemical fluting products under the MEPCHEM brand name for frozen and fresh food applications. The company also offers paperboards, including core boards under the MEPCORE brand name for film, tape and label, textiles, and paper applications; plasterboard liners under the MEPGYPSUM brand name for interior wall lining systems; and absorbent kraft products under the MEPLAMINATE brand name for laminated furniture and shelves, and counters and floors, as well as industrial and tissue papers. In addition, it is involved in the wholesale of waste, scrap, and other products; provision of waste management and treatment services; recycling and collection of carton waste; and manufacture, import, and export of cartons, as well as retail trade in paper and cartons. The company was incorporated in 2000 and is based in Jeddah, Saudi Arabia.
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Frequently Asked Questions
What are utilities in trading?
In trading, utilities refer to companies that provide essential public services like electricity, water, and natural gas. Utility stocks are traded as investments because they offer steady income and are considered relatively stable.
What are utilities in the stock market?
In the stock market, utilities are shares of companies that provide essential services such as electricity, water, natural gas, and sewage. These stocks are known for stable dividends and lower volatility, making them popular for conservative investors.
What are the best utility stocks to buy?
Some of the best utility stocks to buy include NextEra Energy, Duke Energy, and Southern Company, known for their stable dividends and focus on renewable energy. These companies offer reliable income and growth potential as they invest in clean energy and modernize their infrastructure.
Is it safe to invest in utilities?
Yes, investing in utilities is generally considered safe because these companies provide essential services with steady demand and stable cash flows. However, like all investments, they carry some risks, such as regulatory changes and interest rate fluctuations.
