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Misk dividend date nears

Misk dividend date nears

Shares of Middle East Specialized Cables Company (“MESC”) are moving sideways with caution as investors await the dividend entitlement, although the article does not specify the entitlement date or details. The stock is trading below its 50- and 100-day moving averages, which act as technical resistance. A breakout above them could open the way toward SAR 31.24–31.94, followed by SAR 32.75–33.52. The SAR 29.54 level is key support, and a break below it could intensify selling pressure.

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