WDAM
1.473 QAR
+0.68%
Today
+0.55%
1D
Market is closed
Sun
9:30 AM ~ 1:00 PM
Mon
9:30 AM ~ 1:00 PM
Tue
9:30 AM ~ 1:00 PM
Wed
9:30 AM ~ 1:00 PM
Thu
9:30 AM ~ 1:00 PM
Fri
Closed
Sat
Closed
Information
Name
Widam Food
Currency
QAR
Standard Leverage
1X
Market Cap
267.66M
Avg Daily Volume
2.03M
52 Week High
2.35 QAR
52 Week Low
1.32 QAR
Trading Hours
See hours
Business Summary
Widam Food Company Q.P.S.C. imports and trades in livestock, meat, and feed products in the State of Qatar and the Republic of Tanzania. It offers beef, such as tenderloins, striploins, shoulders, legs, chilled, chops, and minced meat; camel meat, including cuts, minced, and special cuts; fresh chicken meat, whole, and cut; dairy products; frozen vegetables, meats, seafoods, and poultry; fresh fruits; livestock, fresh, chilled, and frozen lamb; fresh offals, including liver, kidneys, and heart; and fresh and pesticide-free homegrown vegetables. The company also involves in the slaughtering of sheep and cattle; supply of fresh meat and related products; and slaughtered beef and lamb, cooled beef, and other premium cuts. It serves hospitals, hotels, airlines, restaurants, catering companies, hypermarkets, and small butcheries. The company was formerly known as Qatar Company for Meat and Livestock Trading (MAWASHI) Q.S.C. and changed its name to Widam Food Company Q.P.S.C. in March 2013. Widam Food Company Q.P.S.C. was incorporated in 2003 and is based in Doha, Qatar.
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Frequently Asked Questions
What does defensive trading mean?
Defensive trading means investing in stocks or assets that are less sensitive to economic cycles and tend to perform steadily during market downturns, such as utilities, healthcare, and consumer staples. It’s a strategy to protect your portfolio from volatility and losses during uncertain or declining markets.
Why are utilities a defensive sector?
Utilities are a defensive sector because they provide essential services like electricity and water that people need regardless of the economy, so their demand remains stable even during economic downturns. This stability leads to steady revenues and dividends, making utilities less volatile compared to other sectors.
What are defensive stocks?
Defensive stocks are shares of companies that provide essential goods or services, such as utilities, healthcare, and consumer staples. These stocks tend to remain stable and perform well even during economic downturns because their products are always in demand.
How do you trade defensively?
To trade defensively, focus on investing in stable, low-volatility stocks like utilities, healthcare, and consumer staples that perform well during market downturns. Also, diversify your portfolio, avoid high-risk bets, and consider using strategies like stop-loss orders to protect against big losses.
