
Argaam data shows four Saudi-listed stocks closed at 52-week lows on June 25. The declines extend selling pressure seen in other markets, including Theeb and MRNA.
Alpha Score of 39 reflects weak overall profile with moderate momentum, weak value, poor quality. Based on 3 of 4 signals – score is capped at 90 until remaining data ingests.
Four Tadawul-listed stocks closed at their lowest levels in 52 weeks on June 25, data compiled by Argaam showed. The declines extended a stretch of losses for the quartet, though Argaam did not immediately break down which companies were affected.
The 52-week low designation is closely watched by technical traders as a signal of sustained selling pressure. The moves follow a similar pattern seen in other markets. Earlier this week, Theeb and MRNA hit record lows on sustained selling, a sign that selling pressure has been broad-based across certain segments.
Argaam's data set did not specify the sectors of the four stocks. The broader TASI index has shown mixed performance in recent sessions, with some names absorbing concentrated selling while others hold near recent highs.
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