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معلومات مباشر
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معلومات مباشر

2026-11-12T08:05:00.653Z

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SADQ Tests Key Resistance

SADQ Tests Key Resistance

Saudi Industrial Development Company (“SIDC” or “Sadq”) shares rose 5.25% to 15.85 riyals in trading on Thursday, November 12, 2026, as trading volumes and buying pressure increased. The stock tested a key resistance level at 15.49 riyals. Holding above that level would open the way to targets of 15.88–16.25 riyals, followed by 16.50–16.89 riyals if momentum continues. Meanwhile, 14.97 riyals is an important support level. The move follows a recovery that began in March 2026 and a breakout above 13.40 riyals. The stock then climbed to resistance at 17.95 riyals before entering a corrective phase.

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