Riyadh – Mubasher: The stock of Ladun Investment Company dropped by 7.78% to SAR 2.49 during intraday trading on 19 July 2026, placing it among the top losers in the financial sector.

The price movement follows the company's formal submission of an application to transfer its listing to the Main Market from the Parallel Market (Nomu).

Technical indicators show the stock trading below its 20-day Simple Moving Average (SMA) of SAR 2.75 and its 50-day SMA of SAR 2.58, while remaining slightly above the 200-day SMA of SAR 2.46.

The Relative Strength Index (RSI) currently stands at 40.16, with a Moving Average Convergence Divergence (MACD) of 0.014 and an Average Directional Index (ADX) of 39.58, indicating the strength of the current trend.

Recent corporate disclosures include the release of interim financial results for the period ended on 31 March 2026.

This is in addition to the signing of a framework agreement for the Al Khalidiyah Informal Area Development Project in Makkah with the Royal Commission for Makkah City and Holy Sites.

Ladun stock's current valuation reflects a sharp correction from short-term moving average levels as the company pursues its transition to the primary exchange.