Resources share approaches historic high

The share of Resources Company for Human Resources, listed on the Saudi Stock Exchange under the symbol 1833, continues its upward trend after surpassing important resistance levels. This has brought it closer to its all-time high of 115.10 riyals, recorded in February 2025. The stock is beginning to move toward achieving its target range between 107.60 and 110.00 riyals, with the possibility of extending gains to 113.40 and 115.80 riyals if buying momentum persists. This outlook is supported by its stability above the 105.30 riyals level. Throughout 2026, the stock experienced a wave of declines before rebounding strongly in March, supported by improved trading activity. This recovery has reinstated its upward trajectory, currently targeting a test of its highest historical levels.

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