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2026-11-03T08:10:43.477Z

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Malath shares test support

Malath shares test support

Malath Insurance shares are testing support levels between SAR 8.30 and SAR 8.40, after closing at SAR 8.80. A positive divergence in the Relative Strength Index suggests selling momentum is easing. A recovery would require the shares to hold support and move back above resistance at SAR 8.83. Higher trading volumes could then pave the way toward SAR 9.06 and SAR 9.24, followed by the SAR 9.64–9.95 range. A fall below SAR 8.30 would weaken the prospects for a rebound and could bring the shares back to test previous lows, after they earlier came close to their all-time low of SAR 7.48.

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