2 Days
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مباشر
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Source: مباشر
2 Daysمباشر
Source: مباشر
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SISCO Holding, the company behind Sustainable Infrastructure, is experiencing technical pressure and testing key support levels in the Saudi financial market, following a wave of selling pressure at the beginning of September. Although it previously surpassed the 36.90 riyal level to achieve a target of 40.24 riyals, the stock faced profit-taking and pressure that led to its stability above a major support at 36.95 riyals. However, it currently lacks strong trading volume to support a rebound and regain upward momentum. Analysis indicates that remaining above the 38.30 riyal level and an increase in trading volume could enhance the chances of a rebound toward levels between 39.30 and 41.60 riyals. Conversely, maintaining support at 36.90 riyals is crucial to avoid a future wave of decline, especially after the stock entered a downward trend during 2024, extending from a negative performance in the previous year. There are hints that performance could improve if trading stabilizes above key support areas.
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