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2026-09-24T08:45:04.686Z

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ACWA Power Starts Teba 1 Gas Plant

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21 Hrs2026-09-24T05:51:12.969Z
ACWA Power Starts Teba 1 Gas Plant
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Al-Ramz stock faces ongoing decline

Al-Ramz stock faces ongoing decline

The performance of Al-Ramz Real Estate Company's stock showed noticeable fluctuations due to ongoing selling pressures, leading it to trade below the key support level of 52.00 SAR. This has caused the market to expect continued decline if the price closes below this level, with potential swings between support zones and targets reaching up to 57.20 SAR if it regains levels above 52.00 SAR. The stock recorded a historic low around 49.04 SAR in 2026, after recently rising from a low of 51.00 SAR, only to be pushed downward again due to pressure. If selling pressure persists, the stock may head towards minor support levels around 50.40 SAR. Breaking through the 52.00 SAR resistance is crucial to open prospects for upward movement toward higher targets.

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