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National Bank share nears 19.95 riyals amid selling
Arab National Bank's share faces selling pressures as it falls below key support levels, and is expected to test a support zone between 20.50 and 19.95 riyals. After failing to maintain the previous support level at 21.75 riyals and continuing to trade below 21.05 riyals, it is anticipated to continue declining toward support at 19.50 riyals unless it manages to hold above the current support zone. The stock's movement is influenced by weak buying momentum despite the recovery attempts seen in March. Its performance remains dependent on its ability to stabilize above current support levels amid ongoing selling pressures.
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