Tadawul sees 6 negotiated deals on solutions by stc, Sipchem worth SAR 25.5 mln

30/09/2021 Argaam

Tadawul trading screen

Saudi Exchange (Tadawul) saw six negotiated deals today, Sept. 30, worth SAR 25.5 million on shares of Arabian Internet and Communications Services Co. (solutions by stc) and Sahara International Petrochemical Co. (Sipchem)

 

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.

 

 

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

Sipchem

43.70

43.55

143,224

6.24

solutions by stc

196.20

196.20

7,187

1.41

7,508

1.47

64,472

12.65

9,000

1.77

10,000

1.96

 

solutions by stc started trading on the Saudi Exchange (Tadawul) today under the Software & Services sector, with the symbol 7202.

 

The company offered 24 million shares, or 20% of capital at SAR 151 per share.

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