22 Hrs
معلومات مباشر
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2026-09-16T08:32:50.706Z

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Oil drops as U.S. inventories rise
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Sadr share under continued pressure

Sadr share under continued pressure

Logistics Services Company is experiencing ongoing selling pressure and a sharp decline in its share price, as key support levels have been broken and it is heading toward further potential declines. The stock, which started 2026 with limited optimism, failed to sustain its strength after a recovery attempt in the second quarter and continued to decline, approaching important support levels between 2.36 and 2.27 riyals. If trading remains below the 2.36-riyals support level, further decline to 2.20 riyals is expected, with seller dominance over the overall trend that began in June continuing. This indicates increasing bearish momentum and expectations of further decrease unless buying activity emerges to reverse this trend.

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