Naseej stock reaches record low

The share of Neshat Global Trading Company is experiencing a historic collapse, reaching its lowest level ever due to ongoing selling pressures that have broken through important support levels. The movements have been focused on a decline from the support level at 13.32 riyals, with expectations of further decline toward a record low of 12.27 riyals if the downward trend continues. Meanwhile, signs of attempted rebounds are emerging at lower levels, supported by increased trading volumes. In 2024, the stock price saw a sharp decline, with continued bearish performance influenced by significant drops, and a lack of strong buying stimulants, reflecting a significant shift in market behavior in favor of selling.

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