SIIG icon

SIIG

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14.39 SAR

-0.07%

Today

+0.92%

1D

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Information

Name

Saudi Industrial Investment Leveraged

Currency

SAR

Standard Leverage

1X

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Enhanced Leverage

2X

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Overnight Fees Buy

-0.0167%

Overnight Fees Sell

-0.0167%

Market Cap

9.71B

Avg Daily Volume

684.44K

52 Week High

20 SAR

52 Week Low

11.41 SAR

Trading Hours

See hours

Overnight Fees Calculator

ExposureUnits
USD
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

Saudi Industrial Investment Group operates as a petrochemical company in the Kingdom of Saudi Arabia, rest of the Middle East, Asia, Europe, and Africa. It operates in two segments, Polymers and Aromatics. The company engages in the establishment and development, operation and management, and maintenance of petrochemical factories, gas, petroleum, and other plants; and wholesale and retail trade in material and petrochemical products and its derivatives. It also produces and sells liquid fuels, propylene, basic organic chemicals, primary gases, and gaseous fuels; and motor fuel blend stock, fuel oil, ethylene, propylene, 1-hexene, and high and low-density polyethylene and polypropylene. In addition, the company distributes aromatic products, such as styrene, cyclohexane, propane, and benzene, as well as offers polymer and monomer products and warehousing services. The company was founded in 1995 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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Frequently Asked Questions

What are financial stocks?

Financial stocks include companies like banks, insurance firms, investment services, and fintechs. They play a critical role in the economy by facilitating credit, investment, and wealth management.


How do interest rates affect financial stocks?

Financials often benefit from rising interest rates, which can increase net interest margins for banks and improve profitability.


Why are financials important in a trading portfolio?

Financial stocks can offer strong dividends, sector stability, and exposure to macroeconomic trends like interest rate policy and GDP growth.


What risks are associated with financial sector investing?

Regulatory changes, credit risk, economic downturns, and interest rate volatility can all impact financial companies' earnings and stock prices.