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2026-07-06T09:17:42.361Z

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Paper industry rebounds with higher trade

Paper industry rebounds with higher trade

The share of the Saudi Paper Manufacturing Company continued its positive performance, supported by increased trading volumes and buying momentum. It rebounded from key support levels and traded around 58.65 SAR, with expectations of a continued upward move if it breaks through the resistance zone between 60.45 and 62 SAR. The support level at 56.20 SAR remains important to maintain the upward trend, amid a price movement ranging from support at 48.85 SAR to resistance at 63.95 SAR since the beginning of the year.

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