TABR
2.74 AED
-0.37%
Today
-0.73%
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
National Central Cooling
Currency
AED
Standard Leverage
1X
Market Cap
7.88B
Avg Daily Volume
659.63K
52 Week High
3.33 AED
52 Week Low
2.51 AED
Trading Hours
See hours
Business Summary
National Central Cooling Company PJSC, together with its subsidiaries, supplies chilled water in the United Arab Emirates, Saudi Arabia, Egypt, Oman, Bahrain, India, and internationally. The company operates in two segments, Chilled Water and Value Chain Business. It constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems; and distributes and sells chilled water for use in district cooling technologies. The company also engages in the operation and maintenance of plants; construction of secondary networks; manufacturing of pre-insulated pipes; and provision of design and supervision consultancy. In addition, it is involved in water treatment; supervision; billing and collection of chilled water charges; and building energy efficiency services. The company was incorporated in 1998 and is headquartered in Abu Dhabi, the United Arab Emirates.
Top News
ICAP
-1.38%
TABR
-0.73%
KKR among asset managers vying for Abu Dhabi's district cooling business, sources say
reuters.com
11mo ago
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.
