Saudi Re-Emission approaches resistance level
The share of the Saudi Reinsurance Company (Saudi Re) is nearing technical and pivotal resistance levels between 26.96 and 27.45 riyals. A successful breakout above this area is expected to target higher levels between 28.04 and 29.05 riyals, while continued failure could result in the stock falling back to support levels of 26.58 and 25.90 riyals, with significant volatility recorded during the year 2026.
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