Ta'ama shares rise on higher trading volumes
Taameer Advertising, Public Relations, and Marketing Company's stock has recently shown a positive performance, supported by increased liquidity levels and trading volumes. This comes after sharp declines earlier in 2026, when the stock reached a low of nearly 14.25 riyals. The stock began to regain momentum following a technical rebound in June, surpassing the 19.11 riyal level and achieving its first target at 20.85 riyals. Further gains are expected to levels between 22.19 and 22.65 riyals if trading momentum over 20.85 riyals is maintained. However, the main downward trends still remain, and a decisive breakout above the 21.50 riyal resistance is necessary to turn the trend to fully positive in the short and medium term.
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