TECO
15.88 SAR
+1.15%
Today
+1.53%
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
Tourism Enterprise SJSC
Currency
SAR
Standard Leverage
1X
Market Cap
880.08M
Avg Daily Volume
1.22M
52 Week High
24.4 SAR
52 Week Low
10.5 SAR
Trading Hours
See hours
Business Summary
Tourism Enterprise Company (Shams) engages in managing of tourism projects in the Kingdom of Saudi Arabia. The company manages hotels, furnished residential units, chalets, tourist inns, resorts, wedding halls, and events. It also manages camps, restaurants, coffee shops, cafeterias, and tourist accommodation facilities. In addition, the company operates entertainment centers and facilities, amusement parks, and other recreational activities, as well as rents bicycles. Further, it owns and operates the Palm Beach Resort. The company was founded in 1991 and is based in Dammam, the Kingdom of Saudi Arabia.
Top News
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Frequently Asked Questions
What are cyclical stocks in trading?
Cyclicals are stocks that move in line with the broader economy. They perform well during economic booms and tend to decline during recessions.
Why do traders invest in cyclical sectors?
Traders use cyclicals to capitalize on economic recovery phases, often seeking high returns when consumer spending and business investment rise.
What industries fall under cyclicals?
Automobiles, travel & tourism, retail, restaurants, and luxury goods are common cyclical industries.
Are cyclical stocks risky?
They can be. While they offer growth potential, they are more volatile and sensitive to economic changes compared to defensive sectors.
