Spinneys
1.29 AED
+0.00%
Today
+0.00%
1D
Market is closed
Sun
Closed
Mon
9:00 AM ~ 1:45 PM
Tue
9:00 AM ~ 1:45 PM
Wed
9:00 AM ~ 1:45 PM
Thu
9:00 AM ~ 1:45 PM
Fri
9:00 AM ~ 1:45 PM
Sat
Closed
Information
Name
Spinneys Leveraged
Currency
AED
Standard Leverage
2X
Enhanced Leverage
2X
Overnight Fees Buy
-0.0167%
Overnight Fees Sell
-0.0167%
Market Cap
4.43B
Avg Daily Volume
2.68M
52 Week High
1.81 AED
52 Week Low
1.16 AED
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
Spinneys 1961 Holding plc, through its subsidiaries, engages in the operation of supermarkets under the Spinneys, Waitrose, and Al Fair brands in the United Arab Emirates, the Sultanate of Oman, the Kingdom of Saudi Arabia, and internationally. It trades in and export foodstuffs, grocery, and non-food products; wholesale of food stuff, groceries, and consumer products; produces bakery products; and processes meat for supermarkets. The company also operates shopping centers, as well as engages in purchase of goods for export and related activities. It offers its products through online. The company was founded in 1961 and is based in Dubai, the United Arab Emirates. Spinneys 1961 Holding plc is a subsidiary of Al Seer Group LLC.
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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.
