SAUDICHEM
8.47 SAR
-1.51%
Today
-1.40%
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
Information
Name
Saudi Chemical
Currency
SAR
Standard Leverage
1X
Market Cap
7.30B
Avg Daily Volume
7.24M
52 Week High
8.98 SAR
52 Week Low
6.06 SAR
Trading Hours
See hours
Business Summary
Saudi Chemical Holding Company engages in the manufacture, distribution, and retail of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers and its related spare parts, and food products. The company operates through three segments: Explosives; Medicine and Medical Supplies; and Production of Ammonium Nitrate. It also manufactures and sells explosives and related products for civilian and military use; provides technical support services in explosions; and the manufacture of ammonium nitrate. In addition, the company engages in the wholesale and retail trade of cosmetics, perfumes, beauty soups, and other supplies; and packaging and storing of medicines and other medical products. Further, it manages, invests funds, and owning real estate; provides loans and guarantees, and financing, as well as owning industrial rights. It operates in the Kingdom of Saudi Arabia and internationally. The company was founded in 1972 and is based in Riyadh, the Kingdom of Saudi Arabia.
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Frequently Asked Questions
What are healthcare stocks and why are they important to investors?
Healthcare stocks include pharmaceutical companies, biotech firms, hospitals, and medical device manufacturers.
Are healthcare stocks less volatile?
Generally yes. Because healthcare is a necessity, demand remains relatively steady, making the sector less sensitive to economic cycles.
What drives growth in healthcare investments?
Aging populations, technological advancements, and increased healthcare spending contribute to long-term growth in the sector.
What are the risks of investing in healthcare?
Regulatory changes, drug approval delays, and legal challenges can affect the profitability and stock prices of healthcare companies.
