Misk Trading Stock Expectations

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Despite the financial results announced by the Middle East Specialized Cables Company - Misk- that show the company's losses during the second half of last year, which may be the reason for the negative expectations for the company's performance during the coming period, the expectations of experts in the Saudi stock market are characterized by a positive outlook for the performance of Misk Trading stock in the coming period, and what indicates this is the stock's trend towards rising in trading sessions since the beginning of this year.
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With the company implementing future plans to expand its investments, especially with the presence of a number of subsidiaries that increase the opportunities for achieving revenues and profits; It can be considered that investing in Misk stock is one of the good investments during the coming period, and that the losses incurred by the company last year were a consequence of the Corona pandemic, which negatively affected most companies in various investment sectors.