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Sako's shares plunge to historic lows
SACO’s stock recorded an all-time low due to ongoing selling pressures, continuing its decline since the beginning of 2026, with the downward trend persisting since the last quarter of 2025. The stock faced strong pressure, leading to a break of key support levels and a new low near 17.10 SAR, after starting from a historical support level at 24.67 SAR. Despite recent attempts at a rebound, the downward trend remains intact, with the possibility of further declines toward support levels between 16.50 and 15.80 SAR, should the stock fail to hold resistance levels such as 20.30 SAR.
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