Sadif Downgrades Basic Chemical Industries to Strong Sell

07:40 AM EDT, 10/22/2026 (MT Newswires) -- Sadif Investment Analytics on Wednesday downgraded chemical manufacturer Basic Chemical Industries (SASE:1210) to strong sell from buy, while maintaining its price target at 19.371 Saudi riyals. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)