Saudi Arabia stocks were lower after the close on Sunday, as losses in the Cement, Hotels & Tourism and Energy & Utilities sectors led shares lower. at the close in Saudi Arabia, the Tadawul All Share lost 0.17%.the best performers of the session on the Tadawul All Share were Wafrah for Industry and Development Company SJSC (TADAWUL:2100), which rose 5.74%...
Is Saudi Aramco (TADAWUL: 2222) looking to diversify its income sources after soaring oil prices helped it deliver record-high earnings in the second quarter?
Saudi Aramco saw its net income nearly double during the three-month period to 173.80 billion Saudi riyals ($46.28 billion) from 90.90 billion riyals.
President and CEO Amin Nasser said increasing demand...
today there are very good indications that the SAUDI ARABIAN MINING's stock will go up in the next few days :
1)the SAUDI ARABIAN MINING's stock is over the VWAP so it's protected by it
2)it broke the VWAP so there is a very big strength of buyers today
3)it broke the last resistance to the up but not by strength
if it breaks down the VWAP and...
ARAMCO is forming an Ascending Triangle started in early Nov. 2020. Priced reversed from the downward trendline and the resistance area at 36.00 bushing ARAMCO to test the bullish support line of the triangle pattern. This declining is confirmed by indicators such as the RSI and OBV, hence breaking below the support line will forced ARAMCO to continue its...
For Tihama the good thing to do is to follow the Fibonacci extension to well measure the extension of the current bullish move, so normally we should close at the level 63,09 or 64,64 and you can see that it match up perfectly with the resistances, but what is more logical in my opinion is to close at 63,09? SO STAY IN YOUR POSITION