Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) shares traded at a 52-week high of SAR 131.3 during Wednesday’s session on the Saudi Exchange (Tadawul).

Luberef stock was up 2.18% within the energy sector in intraday, before closing 3.89% higher according to Tadawul’s data.

Technical indicators show the equity is trading above key support levels, with the 20-day Simple Moving Average (SMA) at SAR 123.05, the 50-day SMA at SAR 123.84, and the 200-day SMA at SAR 103.56.

The Relative Strength Index (RSI) was 63.66, while the Moving Average Convergence Divergence (MACD) stood at 1.08.

The Average Directional Index (ADX), measuring trend strength, was 18.81.

The trading summary was during the session where the market did not reached its daily conclusion.