Al-Farmaq share recovers after decline

Valmure Holding Company for Investment's stock has experienced a significant rebound following a sharp decline in May, supported by increased trading volumes and improved price performance. The stock started the current year at around 21.15 SAR and rose to a peak of 34.90 SAR before undergoing some corrections. However, expectations remain for the continuation of the upward trend, provided it maintains key support levels. The levels of 30.10 SAR and 28.80 SAR are considered important zones to watch. With the breakout of major resistance levels, the stock could target higher levels.

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