AMIANTIT
9.23 SAR
+3.04%
Today
+4.09%
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
Saudi Arabian Amiantit 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
391.71M
Avg Daily Volume
358.29K
52 Week High
19.85 SAR
52 Week Low
8.25 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
The Saudi Arabian Amiantit Company, together with its subsidiaries, manufactures and sells various pipes, tanks, and related products in Saudi Arabia. It operates through Manufacturing and Selling Various Types of Pipes and Development and Licensing of Related Technologies; and Water Management and Related Consultancy, Engineering and Operations segments. The company offers ductile iron pipes and pipe fittings; glass reinforced plastic and glass reinforced vinyl ester products, including pipes, tanks, manholes, and spools and fittings for water, chemical, and wastewater applications; and glass reinforced epoxy products. It also provides ductile iron valves comprising gate, butterfly, air control, check, and hydraulic valves; high-density polyethylene products consisting of solid and corrugated pipes; rubber products, such as gaskets and rubber seals, ariflix, tank track pads, rubber spiders, and O-rings; and customized rubber solutions for the construction, HVAC, and defense sectors. In addition, the company offers design, engineering, and implementation services comprising full-scale system installation; testing and commissioning services for installed systems; site consulting, support, and supervision services; supply, usage, and training on specialized equipment. Further, it provides electro-mechanical design and project execution, including pipeline and tank design, stress analysis, and life assessments; and fiberglass piping installations for the power, desalination, petrochemical, and infrastructure industries; and water and wastewater treatment products. The company's products are used for water, infrastructure, oil, and gas projects. The Saudi Arabian Amiantit Company was incorporated in 1968 and is headquartered in Dammam, Saudi Arabia.
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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.
