Riyadh - Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) is currently trading at 14.05 SAR, representing a 2.55% increase during today's session on the Saudi Exchange (Tadawul).
The stock is currently featuring among the top intraday gainers within the energy sector. This price movement follows the company's formal disclosure regarding the results of its Ordinary General Meeting (OGM).
The assembly was convened after a board invitation to shareholders to attend the first meeting to vote on corporate resolutions.
Technical indicators show the Relative Strength Index (RSI) is currently at 59.49, while the Average Directional Index (ADX) stands at 21.31.
The stock is trading above several key technical benchmarks, including its 20-day Simple Moving Average (SMA) of 12.85, its 50-day SMA of 14.03, and its 200-day SMA of 9.5.
The Moving Average Convergence Divergence (MACD) is currently recorded at -0.139.
Trading remains ongoing in the Saudi market, with Petro Rabigh maintaining its position above the 14.00 SAR level as the session progresses.
As of 31 March 2026, the accumulated losses of Petro Rabigh reached SAR 2.46 billion.
