Saudi stock Market sees 9 negotiated deals on Wednesday

16/10/2019 Argaam

Saudi Stock Exchange saw nine negotiated deals worth about SAR 106.3 million on a number of companies including Fawaz Abdulaziz Alhokair Co. (Alhokair), Saudi Company for Hardware (SACO) and Aldrees Petroleum and Transport Services Co.

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated price does not directly impact the market price.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

Alhokair

24.50

24.50

40,817

1.00

67,848

1.66

57,078

1.40

188,612

4.62

Maharah

88.40

88.00

634,720

55.86

106,351

9.36

SACO

57.10

57.00

260,457

14.85

Mouwasat

84.30

84.40

196,558

16.59

Aldrees

53.40

48.60

20,635

1.00

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