Riyadh – Mubasher: Aqaseem Factory for Chemicals and Plastics Company witnessed a significant sell-off during the Riyadh trading session on 9 July 2026.
The stock price retreated by 14.81% to close at SAR 3.22, marking a sharp departure from previous trading levels. This downward movement reduced the company's total market capitalization to SAR 94.50 million.
The price decline was accompanied by a notable surge in liquidity and trading activity. Total volume for the session reached 75,118 shares, representing a relative volume of 4.05x compared to historical averages.
This spike in volume suggests an intensification of selling pressure as market participants reacted to the company's underlying financial position.
The abnormal turnover indicates that the double-digit percentage drop was supported by a substantial increase in active sell-side participation rather than low-liquidity volatility.
From a fundamental perspective, the technical breakdown occurs against a backdrop of negative profitability. Aqaseem currently reports an earnings per share (EPS) of SAR 0.09.
The combination of a sharp price contraction and elevated trading volume highlights heightened volatility within the manufacturing segment, as investors weigh the impact of persistent negative earnings on the firm's valuation.
The session performance underscores the current challenges facing the equity as it struggles to maintain support levels amidst the broader sector's fiscal headwinds and the lack of positive earnings momentum.
