Swicorp Wabel REIT sees negotiated deal on 3.5 mln units

13/07/2021 Argaam

Tadawul trading screen


Swicorp Wabel REIT Fund saw five negotiated deals today, July 13, where 3.5 million units were privately traded for SAR 31.9 million.

 

The deals represented 2.97% of the total fund’s units of 118 million.

 

Earlier this week, the fund witnessed 14 negotiated deals on 63 million units, representing 53.4% of the fund’s total units, at a value of SAR 554.1 million, Argaam reported.

 

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

 

Details

Company

Market Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Value
(SAR mln)

Swicorp Wabel REIT

9.04

9.11

3500000

31.89

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